81R9070 SGA-F
By: Hughes H.B. No. 1529
A BILL TO BE ENTITLED
AN ACT
relating to the service retirement annuity for certain members of
the Judicial Retirement System of Texas Plan Two.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 839.102(a), Government Code, as amended
by Chapters 1033 (H.B. 1114) and 1203 (H.B. 617), Acts of the 79th
Legislature, Regular Session, 2005, is reenacted and amended to
read as follows:
(a) Except as provided by Subsections (b), (b-1), (c), (d),
and (f), the standard service retirement annuity is an amount equal
to 50 percent of the state salary being paid at the time the member
retires to a judge of a court of the same classification as the last
court to which the retiring member was elected or appointed.
SECTION 2. Section 839.102, Government Code, is amended by
adding Subsection (b-1) to read as follows:
(b-1) The retirement system shall increase by 10 percent of
the amount of the applicable state salary under Subsection (a),
(b), or (c) the annuity of a member who on the effective date of
retirement has continuously made contributions to the retirement
system and has:
(1) acquired at least 22 years of service credit as a
district judge; or
(2) acquired at least 20 years of service credit as an
appellate judge.
SECTION 3. The change in law made by this Act applies only
to a person who retires on or after the effective date of this Act.
The change in law does not apply to a person who retired before the
effective date of this Act.
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, 2009.