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A BILL TO BE ENTITLED
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AN ACT
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relating to the resumption of service by retirees under the Teacher |
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Retirement System of Texas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 824.601(b-1), Government Code, is |
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amended to read as follows: |
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(b-1) Subsection (b) does not apply to a retiree under |
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Section 824.202 whose effective date of retirement is on or before |
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August 31, 2018 [January 1, 2011]. |
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SECTION 2. (a) A person who resumed employment after |
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retirement and whose benefit payments were suspended under Section |
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824.601, Government Code, as that section existed before amendment |
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by this Act, is entitled to the resumption of monthly benefit |
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payments if the person meets the requirements of Section |
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824.601(b-1), Government Code, as amended by this Act. |
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(b) The Teacher Retirement System of Texas shall resume |
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making monthly benefit payments to a person described by Subsection |
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(a) of this section on the first payment date occurring on or after |
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the effective date of this Act. |
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(c) A person who is entitled to the resumption of monthly |
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benefit payments under this section is not entitled to recover |
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benefit payments not made during the period the person's benefit |
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was suspended under Section 824.601, Government Code, as that |
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section existed before amendment by this Act. |
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SECTION 3. This Act takes effect September 1, 2019. |