2 | 4 | | |
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3 | 5 | | |
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4 | 6 | | A BILL TO BE ENTITLED |
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5 | 7 | | AN ACT |
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6 | 8 | | relating to participation by certain retirement systems in the |
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7 | 9 | | proportionate retirement program. |
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8 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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9 | 11 | | SECTION 1. Sec. 803.0021. APPLICATION OF CHAPTER. This |
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10 | 12 | | chapter applies only to: |
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11 | 13 | | (1) a retirement system for general municipal |
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12 | 14 | | employees in a municipality with a population of not less than |
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13 | 15 | | 900,000 [950,000] nor more than 1,050,000; |
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14 | 16 | | (2) the Employees Retirement System of Texas, the |
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15 | 17 | | Teacher Retirement System of Texas, the Judicial Retirement System |
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16 | 18 | | of Texas Plan One, the Judicial Retirement System of Texas Plan Two, |
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17 | 19 | | the Texas County and District Retirement System, and the Texas |
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18 | 20 | | Municipal Retirement System; and |
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19 | 21 | | (3) a retirement system that makes an election under |
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20 | 22 | | Section 803.101(f). |
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21 | 23 | | SECTION 2. This Act takes effect September 1, 2025. |
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