Texas 2023 88th Regular

Texas House Bill HB4540 Introduced / Bill

Filed 03/14/2023

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                    By: Longoria H.B. No. 4540


 A BILL TO BE ENTITLED
 AN ACT
 relating to the state salary for retired judges.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.On the effective date of this Act, the Employees
 Retirement System of Texas shall recompute the annuities of persons
 who retired before September 1, 2019, as if the retiree's salary on
 the date of retirement was that of a judge or justice who has eight
 years and 1 day of service as of September 1, 2019 and is of the same
 classification as the last court to which the retiree was elected or
 appointed. On the effective date of this Act, the retirement system
 shall also recompute the annuities of beneficiaries receiving an
 annuity that became payable before that date under Sections 839.301
 or 839.302, Government Code, in the same manner.
 SECTION 2.  In the event the 88th Legislature enacts
 legislation increasing the state salary of district or appellate
 judges or justices or authorizes a state salary increase for
 district or appellate judges or justices in the General
 Appropriations Act, on the effective date of the salary increase,
 the Employees Retirement System of Texas shall recompute the
 annuities of persons who retired before the effective date of the
 salary increase under Sections 839.102 or 839.103, Government Code,
 as if the retiree's salary on the date of retirement was that of a
 judge or justice who has eight years and 1 day of service and is of
 the same classification as the last court to which the retiree was
 elected or appointed. On the effective date of a state salary
 increase described by this Act, the retirement system shall also
 recompute the annuities of beneficiaries receiving an annuity that
 became payable before that date under Sections 839.301 or 839.302,
 Government Code, in the same manner.
 SECTION 2.  This Act takes effect September 1, 2023.