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A BILL TO BE ENTITLED
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AN ACT
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relating to the service retirement annuity for certain members of |
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the Judicial Retirement System of Texas Plan Two. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 839.102, Government Code, is amended by |
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adding Subsection (b-1) to read as follows: |
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(b-1) If a member who is otherwise eligible to retire under |
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Section 839.101 retires because the member is required to vacate |
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the member's judicial office under Section 1-a(1), Article V, Texas |
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Constitution, the applicable state salary under Subsection (a) or |
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(c) includes any increase in the state salary authorized by |
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legislation that takes effect on or before the one year anniversary |
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of the member's effective date of retirement. The retirement |
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system shall recompute the annuity of a person subject to this |
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subsection and the recomputed annuity becomes payable beginning |
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with the first annuity payable on or after the date the increase in |
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the applicable state salary takes effect. |
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SECTION 2. Section 839.102(b-1), Government Code, as added |
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by this Act, applies only to a benefit payment made by the Judicial |
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Retirement System of Texas Plan Two on or after the effective date |
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of this Act. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2019. |