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A BILL TO BE ENTITLED
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AN ACT
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relating to participation by certain retirement systems in the |
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proportionate retirement program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Sec. 803.0021. APPLICATION OF CHAPTER. This |
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chapter applies only to: |
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(1) a retirement system for general municipal |
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employees in a municipality with a population of not less than |
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900,000 [950,000] nor more than 1,050,000; |
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(2) the Employees Retirement System of Texas, the |
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Teacher Retirement System of Texas, the Judicial Retirement System |
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of Texas Plan One, the Judicial Retirement System of Texas Plan Two, |
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the Texas County and District Retirement System, and the Texas |
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Municipal Retirement System; and |
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(3) a retirement system that makes an election under |
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Section 803.101(f). |
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SECTION 2. This Act takes effect September 1, 2025. |