Texas 2011 - 82nd Regular

Texas House Bill HB2451 Latest Draft

Bill / Introduced Version

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                            82R9967 TJS-D
 By: Zedler H.B. No. 2451


 A BILL TO BE ENTITLED
 AN ACT
 relating to the computation of retirement benefits by a public
 retirement system.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Chapter 802, Government Code, is amended by
 adding Subchapter E to read as follows:
 SUBCHAPTER E. PROVISIONS APPLICABLE TO ALL PUBLIC RETIREMENT
 SYSTEMS
 Sec. 802.402.  RESUMPTION OF SERVICE AFTER RETIREMENT. (a)
 This section applies to a person who:
 (1)  has retired from service with an employer through
 which the person receives benefits from a public retirement system
 covered by this title other than one established under Section
 810.001; and
 (2)  becomes reemployed by an employer through which an
 employee may, or must as a condition of employment, enroll in a
 public retirement system covered by this title other than one
 established under Section 810.001.
 (b)  On the date of reemployment of a person described by
 Subsection (a), the person must resume making contributions to the
 applicable retirement system.  A person who resumes making
 contributions as required by this subsection earns additional
 service credit.
 (c)  This section prevails over any other law relating to the
 computation of a retirement benefit by a public retirement system
 to the extent of any conflict.
 SECTION 2.  Section 802.402, Government Code, as added by
 this Act, applies only to the computation of retirement benefits
 for a member of a public retirement system who retires on or after
 the effective date of this Act. The computation of retirement
 benefits for a member of a public retirement system who retires
 before the effective date of this Act is subject to the law in
 effect on the date of the retirement, and that law is continued in
 effect for that purpose.
 SECTION 3.  This Act takes effect September 1, 2011.