| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the service retirement annuity for certain members of |
|
|
the Judicial Retirement System of Texas Plan Two who resume |
|
|
service. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 837.102, Government Code, is amended by |
|
|
amending Subsection (a) and adding Subsections (e), (f), and (g) to |
|
|
read as follows: |
|
|
(a) A retiree who resumes service as a judicial officer |
|
|
other than by appointment or assignment described in Section |
|
|
837.101 may not rejoin or receive credit in the retirement system |
|
|
for the resumed service, unless an election is made as provided by |
|
|
Subsection (e). |
|
|
(e) A retiree described by Subsection (a) may elect to |
|
|
rejoin and receive service credit in the retirement system for |
|
|
resuming service as a judicial officer if, before taking the oath of |
|
|
office, the retiree has been separated from judicial service for at |
|
|
least 12 full consecutive months. The retiree shall provide notice |
|
|
of the election to the retirement system in a manner prescribed by |
|
|
the retirement system. |
|
|
(f) For a retiree who makes an election under Subsection |
|
|
(e), on the resumption of annuity payments that have been suspended |
|
|
under this section, the retirement system shall recompute the |
|
|
service retirement annuity of the retiree to include the retiree's |
|
|
additional service credit. On retirement from the retiree's |
|
|
subsequent service, the retiree may elect a service retirement |
|
|
annuity as if the retiree were retiring for the first time. |
|
|
(g) If a retiree under Subsection (f) elects an optional |
|
|
service retirement annuity payable under Section 839.103 with a |
|
|
fixed number of payments, the retirement system shall reduce the |
|
|
number of months of payments by the number of months for which the |
|
|
annuity was paid before the retiree resumed service. |
|
|
SECTION 2. This Act takes effect September 1, 2015. |