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A BILL TO BE ENTITLED
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AN ACT
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relating to purchase of service credit in the Teacher Retirement |
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System of Texas by certain members with federal border security |
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service work experience. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. The heading to Subchapter D, Chapter 823, |
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Government Code, is amended to read as follows: |
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SUBCHAPTER D. ESTABLISHMENT OF MILITARY AND FEDERAL BORDER |
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SECURITY SERVICE |
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SECTION 2. Subchapter D, Chapter 823, Government Code, is |
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amended by adding Section 823.305 to read as follows: |
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Sec. 823.305. FEDERAL BORDER SECURITY SERVICE CREDIT. (a) |
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An eligible member may establish membership service credit for |
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federal border security service performed that is creditable in the |
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retirement system as provided by this section. |
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(b) Federal border security service creditable in the |
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retirement system is work performed as an employee of: |
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(1) the United States Department of Homeland Security, |
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including U.S. Customs and Border Protection; or |
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(2) any other federal agency with primary |
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responsibility for securing the United States-Mexico border by |
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interdicting: |
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(A) persons attempting to illegally enter or exit |
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the United States; or |
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(B) goods being illegally imported into or |
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exported from the United States. |
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(c) A member may not establish more than five years of |
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service credit in the retirement system under this section for |
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federal border security service. |
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(d) A member eligible to establish federal border security |
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service credit is one who has at least five years of service credit |
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in the retirement system for actual service in public schools. |
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(e) A member may establish credit under this section by |
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depositing with the retirement system for each year of federal |
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border security service claimed a contribution in an amount equal |
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to the member's contributions to the retirement system during the |
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first full year of membership service. |
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(f) After a member makes the deposits required by this |
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section, the retirement system shall grant the member one year of |
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federal border security service credit for each year of federal |
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border security service approved. |
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(g) The board of trustees may adopt rules necessary to |
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implement this section. |
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SECTION 3. Section 825.307(a), Government Code, is amended |
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to read as follows: |
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(a) The retirement system shall deposit in a member's |
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individual account in the member savings account: |
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(1) the amount of contributions to the retirement |
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system that is deducted from the member's compensation; |
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(2) the portion of a deposit made on or after |
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resumption of membership that represents the amount of retirement |
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benefits received; |
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(3) the portion of a deposit to reinstate service |
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credit previously canceled that represents the amount withdrawn or |
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refunded; |
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(4) the portion of a deposit to establish military |
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service credit required by Section 823.302(c); |
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(5) the portion of a deposit to establish USERRA |
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credit required by Section 823.304(c); |
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(6) the portion of a deposit to establish federal |
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border security service credit required by Section 823.305(e); |
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(7) the portion of a deposit to establish: |
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(A) equivalent membership service credit |
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required by Section 823.401(d), 823.402(e), 823.403(d), |
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823.404(c), or 823.406(b) or former Section 823.405; or |
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(B) unreported service credit or compensation |
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required by Section 825.403(h); and |
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(8) [(7)] interest earned on money in the account as |
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provided by Subsections (b) and (c) and Section 825.313(c). |
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SECTION 4. Section 823.305, Government Code, as added by |
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this Act, applies only to a member of the Teacher Retirement System |
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of Texas who retires on or after the effective date of this Act. |
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SECTION 5. This Act takes effect September 1, 2023. |