| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the payment of certain employer contributions for |
|
|
retirees of the Teacher Retirement System of Texas who resume |
|
|
service. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 825.4092(f), Government Code, as added |
|
|
by Chapter 546 (S.B. 202), Acts of the 87th Legislature, Regular |
|
|
Session, 2021, is amended to read as follows: |
|
|
(f) A reporting employer may recover the cost [is ultimately |
|
|
responsible for payment] of the amounts required to be contributed |
|
|
under Subsections (b) and (c) from [. The employer may not directly |
|
|
or indirectly pass that cost on to] the retiree through payroll |
|
|
deduction, but only to the extent the deduction would not result in |
|
|
the retiree's compensation equaling an amount that is less than the |
|
|
minimum salary required by Section 21.402, Education Code, if |
|
|
applicable [, by imposition of a fee, or by any other means designed |
|
|
to recover the cost]. |
|
|
SECTION 2. The changes in law made by this Act apply to a |
|
|
retiree of the Teacher Retirement System of Texas regardless of |
|
|
whether the person retired from employment before, on, or after the |
|
|
effective date of this Act. |
|
|
SECTION 3. The changes in law made by this Act apply |
|
|
beginning with the 2023-2024 school year. |
|
|
SECTION 4. This Act takes effect immediately if it receives |
|
|
a vote of two-thirds of all the members elected to each house, as |
|
|
provided by Section 39, Article III, Texas Constitution. If this |
|
|
Act does not receive the vote necessary for immediate effect, this |
|
|
Act takes effect September 1, 2023. |