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A BILL TO BE ENTITLED
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AN ACT
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relating to the resumption of employment by certain retirees under |
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the Texas Municipal Retirement System. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 852.108, Government Code, is amended by |
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amending Subsections (e) and (f) and adding Subsection (e-1) to |
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read as follows: |
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(e) After termination of employment with the reemploying |
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municipality and after filing of an application for resumption of |
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retirement with the board of trustees, a person described by |
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Subsection (c) is entitled to receive: |
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(1) future payments of the suspended annuity, as |
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provided by: |
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(A) Subsection (e-1); or |
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(B) Subsection (f);[,] and |
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(2) if subject to Subsection (f), [to the] additional |
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benefits as provided by Subsections (g), (h), (i), and (j). |
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(e-1) A person described by Subsection (c) who becomes an |
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employee of the person's reemploying municipality at any time |
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during the 120 consecutive days after the effective date of the |
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person's initial retirement from the reemploying municipality may |
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elect, in the manner and form prescribed by the board of trustees, |
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to restore to effect the person's membership, including any prior |
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service credit, special prior service credit, antecedent service |
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credit, or updated service credit used in determining the amount of |
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the person's annuity at the time of the initial retirement. If the |
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person subsequently retires from the reemploying municipality, the |
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retirement system shall: |
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(1) allow the person credit for all current service |
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for which required contributions have been made and not withdrawn |
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or distributed; |
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(2) recompute the person's annuity based on service |
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before and after the initial retirement, provided the annuity is |
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actuarially reduced to reflect the value of benefits received by |
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the person before the person resumed employment with the |
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reemploying municipality; and |
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(3) resume monthly payments of the recomputed annuity |
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effective beginning with the month following the month in which |
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employment is terminated with the reemploying municipality. |
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(f) Monthly payments of an annuity suspended under |
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Subsection (c) other than an annuity subject to Subsection (e-1) |
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shall resume effective beginning with the month following the month |
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in which employment is terminated with the reemploying |
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municipality, without change in the amount except for any increase |
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allowed under Section 854.203 or the duration of or another |
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condition pertaining to the suspended benefit. Except as provided |
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by Subsection (j), payment of the resumed benefit may not be made |
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for any month during which the payment was suspended under this |
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section. |
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SECTION 2. Section 852.108, Government Code, as amended by |
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this Act, applies to a retiree of the Texas Municipal Retirement |
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System regardless of whether the person retired from employment |
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before, on, or after the effective date of this Act. |
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SECTION 3. This Act takes effect September 1, 2025. |