Texas 2009 - 81st Regular

Texas Senate Bill SB2252 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	81R11820 SGA-D
2	2	By: Zaffirini S.B. No. 2252
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to service creditable in the Judicial Retirement System of
8	8	Texas Plan Two.
9	9	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
10	10	SECTION 1. Subchapter B, Chapter 838, Government Code, is
11	11	amended by adding Section 838.1045 to read as follows:
12	12	Sec. 838.1045. SERVICE ON COUNTY COURT AT LAW OR AS JUSTICE
13	13	OF THE PEACE. (a) An eligible member may establish equivalent
14	14	membership service credit in the retirement system for service
15	15	performed as judge of a county court at law or as a justice of the
16	16	peace.
17	17	(b) A member may establish credit under this section by
18	18	depositing with the retirement system a contribution in an amount,
19	19	except as provided by Subsection (e), computed at the rate of six
20	20	percent of the state salary of a district judge for the member's
21	21	full tenure on the county court at law or as a justice of the peace,
22	22	plus interest computed at the rate of interest credited to a
23	23	person's account in the Texas County and District Retirement System
24	24	for the period of the service or, for service performed before
25	25	January 1, 1968, at the rate of six percent a calendar year.
26	26	(c) A member who establishes credit under this section
27	27	forfeits all rights to benefits based on the claimed service in the
28	28	Texas County and District Retirement System, except rights to
29	29	benefits based on the amount paid by the county for the service that
30	30	exceeds the amount of state salary that would have been paid for the
31	31	service.
32	32	(d) The Texas County and District Retirement System shall
33	33	transfer to the retirement system the amount credited to the
34	34	member's account, whether contributed by the member or the member's
35	35	employer, plus accumulated interest, except any amount
36	36	representing contributions or interest on salary that exceeds the
37	37	state salary that would have been paid for the service.
38	38	(e) The retirement system shall credit the amount
39	39	transferred by the Texas County and District Retirement System
40	40	against the member's required payment under this section. If the
41	41	total of the amount transferred and the amount paid by the member
42	42	exceeds the amount required by this section, the retirement system
43	43	shall leave the excess in the retirement system trust fund.
44	44	(f) The amount of contributions credited in the retirement
45	45	system to a member who establishes credit under this section is the
46	46	amount that the member would have contributed to the retirement
47	47	system, the Judicial Retirement System of Texas, or the Judicial
48	48	Retirement System of Texas Plan One as a district judge at the time
49	49	the service was performed.
50	50	SECTION 2. The change in law made by this Act applies only
51	51	to the years of service creditable for retirement benefits of a
52	52	member of the Judicial Retirement System of Texas Plan Two who
53	53	retires on or after the effective date of this Act. The years of
54	54	service creditable for retirement benefits of a member who retires
55	55	before the effective date of this Act is governed by the law in
56	56	effect on the effective date of the retirement, and that law is
57	57	continued in effect for that purpose.
58	58	SECTION 3. This Act takes effect September 1, 2009.