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A BILL TO BE ENTITLED
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AN ACT
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relating to the effective date of retirement for certain members of |
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the Teacher 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 824.002(a), Government Code, is amended |
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to read as follows: |
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(a) The effective date of a member's service retirement is |
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the last day of the later of the following months: |
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(1) any month in a three-month period in which the |
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third month is the month in which the member applies for retirement |
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as provided by Section 824.201; |
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(2) the month in which the member satisfies age and |
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service requirements for service retirement as provided by Section |
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824.202; [or] |
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(3) the month in which the member's employment in a |
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position included in the coverage of the retirement system ends; or |
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(4) if the member applying for retirement is a |
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classroom teacher, the month in which the school year ends for a |
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school year in which the member applies for retirement as provided |
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by Section 824.201. |
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(5) subsection (4) does not apply to a classroom |
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teacher applying for retirement that: |
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(A) is unable to continue employment due to |
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health reason; or |
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(B) has a mutually agreed upon release from |
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duties from a school district. |
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SECTION 2. As soon as practicable after the effective date |
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of this Act, the Teacher Retirement System of Texas shall adopt |
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rules as necessary to implement Section 824.002, Government Code, |
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as amended by this Act. |
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SECTION 3. The changes in law made by this Act apply only to |
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an application for retirement submitted under Chapter 824, |
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Government Code, on or after the effective date of this Act. An |
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application for retirement submitted before the effective date of |
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this Act is governed by the law in effect on the date the |
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application was submitted, and the former law is continued in |
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effect for that purpose. |
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SECTION 4. This Act takes effect September 1, 2023. |