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Amend SB 321 on third reading by inserting the following appropriately numbered SECTION and renumbering subsequent SECTIONS accordingly:
SECTION ____. Subchapter B, Chapter 814, Government Code, is amended by adding Section 814.109 to read as follows:
Sec. 814.109. ELIGIBILITY OF CERTAIN MEMBERS FOR SERVICE RETIREMENT. Notwithstanding any other law other than Section 815.507:
(1) a member eligible to retire under this subchapter from either class of membership may retire without separating from a position in that class if the member:
(A) has accrued enough service credit in the class to receive the maximum annuity permitted under this subchapter; and
(B) is at least 60 years old; and
(2) a member who retires from either class of membership under this section is not entitled to earn any additional retirement benefits under this subtitle.