87R3076 BDP-F
 
  By: Huffman S.B. No. 321
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the state contribution to the Employees Retirement
  System of Texas.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 815.403(a), Government Code, is amended
  to read as follows:
         (a)  During each fiscal year, the state shall contribute to
  the retirement system:
               (1)  an amount equal to 9.5 [7.4] percent of the total
  compensation of all members of the retirement system for that year;
               (2)  money to pay lump-sum death benefits for retirees
  under Section 814.501;
               (3)  an amount for the law enforcement and custodial
  officer supplemental retirement fund equal to 2.13 percent of the
  aggregate state compensation of all custodial and law enforcement
  officers for that year;
               (4)  money necessary for the administration of the law
  enforcement and custodial officer supplemental retirement fund;
  and
               (5)  money for service credit not previously
  established, as provided by Section 813.202(c) or 813.302(d).
         SECTION 2.  This Act takes effect September 1, 2021.