Texas 2015 - 84th Regular

Texas House Bill HB2877 Compare Versions

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1	1	By: Stephenson H.B. No. 2877
2	2
3	3
4	4	A BILL TO BE ENTITLED
5	5	AN ACT
6	6	relating to peace officers who are members of the Teacher
7	7	Retirement System of Texas.
8	8	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
9	9	SECTION 1. Section 824.202, Government Code, is amended as
10	10	follows:
11	11	Sec. 824.202. ELIGIBILITY FOR SERVICE RETIREMENT. (a)
12	12	Except as provided by Subsections (a-1), and (a-2), and (a-3), a
13	13	member is eligible to retire and receive a standard service
14	14	retirement annuity if:
15	15	(1) the member is at least 65 years old and has at
16	16	least five years of service credit in the retirement system;
17	17	(2) the member is at least 60 years old and has at
18	18	least 20 years of service credit in the retirement system;
19	19	(3) the member is at least 50 years old and has at
20	20	least 30 years of service credit in the retirement system; or
21	21	(4) the member has at least five years of service
22	22	credit in the retirement system and the sum of the member's age and
23	23	amount of service credit in the retirement system equals the number
24	24	80.
25	25	(a-1) This subsection applies only to a person who becomes a
26	26	member of the retirement system on or after September 1, 2007, and
27	27	who is not subject to Subsection (a-2). A member subject to this
28	28	subsection is eligible to retire and receive a standard service
29	29	retirement annuity if:
30	30	(1) the member is at least 65 years old and has at
31	31	least five years of service credit in the retirement system; or
32	32	(2) the member is at least 60 years old and has at
33	33	least five years of service credit in the retirement system and the
34	34	sum of the member's age and amount of service credit in the
35	35	retirement system equals the number 80.
36	36	(a-2) This subsection applies only to a person who does not
37	37	have at least five years of service credit in the retirement system
38	38	on or before August 31, 2014, or who becomes a member of the
39	39	retirement system on or after September 1, 2014. A member subject to
40	40	this subsection is eligible to retire and receive a standard
41	41	service retirement annuity if:
42	42	(1) the member is at least 65 years old and has at
43	43	least five years of service credit in the retirement system; or
44	44	(2) the member is at least 62 years old and has at
45	45	least five years of service credit in the retirement system and the
46	46	sum of the member's age and amount of service credit in the
47	47	retirement system equals the number 80.
48	48	(a-3) Subsection (a-2) does not apply to a member who is a
49	49	peace officer licensed under Subchapter G, Chapter 1701,
50	50	Occupations Code, and who employed and commissioned as a peace
51	51	officer under Section 37.081 or 51.203, Education Code, and
52	52	assigned to the duty of a peace officer at the time the member
53	53	retires. A person described by this subsection is subject to
54	54	Subsection (a) or (a-1), as appropriate. This subsection does not
55	55	apply to a member who is employed as security personnel under
56	56	Section 37.081, Education Code, and assigned to the duty of
57	57	security personnel at the time the member retires.
58	58	(b) This subsection applies only to a person who is not
59	59	subject to Subsection (b-1), (b-2), (b-3), (d), (d-1), or
60	60	(d-2). If a member subject to this subsection is at least 55 years
61	61	old and has at least five years of service credit in the retirement
62	62	system, the member is eligible to retire and receive a service
63	63	retirement annuity reduced from the standard service retirement
64	64	annuity available under Subsection (a)(1), to a percentage derived
65	65	from the following table:
66	66	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65 Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
67	67	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
68	68	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65 Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
69	69	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
70	70	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100% Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
71	71	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
72	72	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100% Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
73	73	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
74	74	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100% Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
75	75	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
76	76	(b-1) This subsection applies only to a person who becomes a
77	77	member of the retirement system on or after September 1, 2007, and
78	78	who is not subject to Subsection (b-2). If a member subject to this
79	79	subsection is at least 55 years old and has at least five years of
80	80	service credit in the retirement system, but does not meet the
81	81	requirements under Subsection (d-1), the member is eligible to
82	82	retire and receive a service retirement annuity reduced from the
83	83	standard service retirement annuity available under Subsection
84	84	(a-1)(1), to a percentage derived from the following table:
85	85	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65 Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
86	86	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
87	87	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65 Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
88	88	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
89	89	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100% Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
90	90	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
91	91	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100% Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
92	92	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
93	93	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100% Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
94	94	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
95	95	(b-2) This subsection applies only to a person who does not
96	96	have at least five years of service credit in the retirement system
97	97	on or before August 31, 2014, or who becomes a member of the
98	98	retirement system on or after September 1, 2014. If a member subject
99	99	to this subsection is at least 55 years old and has at least five
100	100	years of service credit in the retirement system, but does not meet
101	101	the requirements under Subsection (d-2), the member is eligible to
102	102	retire and receive a service retirement annuity reduced from the
103	103	standard service retirement annuity available under Subsection
104	104	(a-2)(1), to a percentage derived from the following table:
105	105	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65 Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
106	106	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
107	107	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65 Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
108	108	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
109	109	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100% Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
110	110	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
111	111	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100% Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
112	112	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
113	113	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100% Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
114	114	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
115	115	(b-3) Subsection (b-2) does not apply to a member who is a
116	116	peace officer licensed under Subchapter G, Chapter 1701,
117	117	Occupations Code, and who employed and commissioned as a peace
118	118	officer under Section 37.081 or 51.203, Education Code, and
119	119	assigned to the duty of a peace officer at the time the member
120	120	retires. A person described by this subsection is subject to
121	121	Subsection (a) or (a-1), as appropriate. This subsection does not
122	122	apply to a member who is employed as security personnel under
123	123	Section 37.081, Education Code, and assigned to the duty of
124	124	security personnel at the time the member retires.
125	125	(c) Repealed by Acts 2005, 79th Leg., Ch. 1359, Sec.
126	126	55(a)(1), eff. September 1, 2005.
127	127	(d) This subsection applies only to a person who is not
128	128	subject to Subsection (d-1), or (d-2), or (d-3). If a member
129	129	subject to this subsection has at least 30 years of service credit
130	130	in the retirement system, the member is eligible to retire
131	131	regardless of age and receive a service retirement annuity
132	132	consisting of the standard service retirement annuity available
133	133	under Subsection (a) decreased by two percent for each year of age
134	134	under 50 years.
135	135	(d-1) This subsection applies only to a person who becomes a
136	136	member of the retirement system on or after September 1, 2007, and
137	137	who is not subject to Subsection (d-2), or (d-3). If the sum of the
138	138	member's age and amount of service credit in the retirement system
139	139	equals the number 80, with at least five years of service credit, or
140	140	if the member has at least 30 years of service credit in the
141	141	retirement system, the member is eligible to retire regardless of
142	142	age and receive a service retirement annuity consisting of the
143	143	standard service retirement annuity available under Subsection
144	144	(a-1)(2) decreased by five percent for each year of age under 60
145	145	years.
146	146	(d-2) This subsection applies only to a person who does not
147	147	have at least five years of service credit in the retirement system
148	148	on or before August 31, 2014, or who becomes a member of the
149	149	retirement system on or after September 1, 2014. If the sum of the
150	150	member's age and amount of service credit in the retirement system
151	151	equals the number 80, with at least five years of service credit, or
152	152	if the member has at least 30 years of service credit in the
153	153	retirement system, the member is eligible to retire regardless of
154	154	age and receive a service retirement annuity consisting of the
155	155	standard service retirement annuity available under Subsection
156	156	(a-2)(2) decreased by five percent for each year of age under 62
157	157	years.
158	158	(d-3) Subsection (d-2) does not apply to a member who is a
159	159	peace officer licensed under Subchapter G, Chapter 1701,
160	160	Occupations Code, and who employed and commissioned as a peace
161	161	officer under Section 37.081 or 51.203, Education Code, and
162	162	assigned to the duty of a peace officer at the time the member
163	163	retires. A person described by this subsection is subject to
164	164	Subsection (a) or (a-1), as appropriate. This subsection does not
165	165	apply to a member who is employed as security personnel under
166	166	Section 37.081, Education Code, and assigned to the duty of
167	167	security personnel at the time the member retires.
168	168	SECTION 2. This Act takes effect September 1, 2015.
169	169
170	170	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
171	171
172	172	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
173	173
174	174	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
175	175
176	176	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
177	177
178	178	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
179	179
180	180	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
181	181
182	182	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
183	183
184	184	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
185	185
186	186	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
187	187
188	188	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
189	189
190	190	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
191	191
192	192	Age at date of retirement 55 56 57 58 59 60 61 62 63 64 65
193	193
194	194	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
195	195
196	196	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%
197	197
198	198	Percentage of standard annuity receivable 47% 51% 55% 59% 63% 67% 73% 80% 87% 93% 100%