| 1 | 1 | | 89R4785 RDR-F |
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| 2 | 2 | | By: Middleton S.B. No. 1128 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | |
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| 6 | 6 | | |
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| 7 | 7 | | A BILL TO BE ENTITLED |
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| 8 | 8 | | AN ACT |
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| 9 | 9 | | relating to certain employer contributions to the Teacher |
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| 10 | 10 | | Retirement System of Texas. |
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| 11 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 12 | 12 | | SECTION 1. Section 825.4035(c), Government Code, is amended |
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| 13 | 13 | | to read as follows: |
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| 14 | 14 | | (c) An [If a member is entitled to the minimum salary for |
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| 15 | 15 | | certain school personnel under Section 21.402, Education Code, or |
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| 16 | 16 | | if a member would have been entitled to the minimum salary for |
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| 17 | 17 | | certain school personnel under former Section 16.056, Education |
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| 18 | 18 | | Code, as that section existed on January 1, 1995, the] employer |
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| 19 | 19 | | shall, in addition to any contributions required under Section |
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| 20 | 20 | | 825.405, contribute monthly to the retirement system for each |
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| 21 | 21 | | [such] member described by Section 825.405(a)(1), (2), or (3): |
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| 22 | 22 | | (1) for the period beginning with the report month of |
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| 23 | 23 | | September 2014 and ending with the report month of August 2015, an |
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| 24 | 24 | | amount equal to 1.5 percent of the statutory minimum salary |
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| 25 | 25 | | determined under Section 825.405(b); |
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| 26 | 26 | | (2) beginning with the report month for September 2015 |
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| 27 | 27 | | and ending with the report month of August 2019, an amount equal to |
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| 28 | 28 | | the lesser of: |
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| 29 | 29 | | (A) 1.5 percent of the statutory minimum salary |
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| 30 | 30 | | determined under Section 825.405(b); or |
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| 31 | 31 | | (B) a percentage of the statutory minimum salary |
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| 32 | 32 | | determined under Section 825.405(b) equal to 1.5 percent reduced by |
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| 33 | 33 | | one-tenth of one percent for each one-tenth of one percent that the |
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| 34 | 34 | | state contribution rate for the fiscal year to which the report |
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| 35 | 35 | | month relates is less than the state contribution rate established |
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| 36 | 36 | | for the 2015 fiscal year; and |
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| 37 | 37 | | (3) beginning with the report month of September 2019 |
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| 38 | 38 | | and for each subsequent report month, an amount equal to the lesser |
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| 39 | 39 | | of: |
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| 40 | 40 | | (A) a percentage of the statutory minimum salary |
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| 41 | 41 | | determined under Section 825.405(b) equal to the rate of |
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| 42 | 42 | | contribution provided for the applicable fiscal year under |
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| 43 | 43 | | Subsection (e); or |
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| 44 | 44 | | (B) a percentage of the statutory minimum salary |
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| 45 | 45 | | determined under Section 825.405(b) equal to the percentage |
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| 46 | 46 | | provided by Paragraph (A) reduced by one-tenth of one percent for |
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| 47 | 47 | | each one-tenth of one percent that the state contribution rate for |
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| 48 | 48 | | the fiscal year to which the report month relates is less than the |
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| 49 | 49 | | state contribution rate established for that fiscal year under |
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| 50 | 50 | | Section 825.404(a-2). |
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| 51 | 51 | | SECTION 2. This Act applies beginning with the 2025-2026 |
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| 52 | 52 | | school year. |
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| 53 | 53 | | SECTION 3. This Act takes effect immediately if it receives |
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| 54 | 54 | | a vote of two-thirds of all the members elected to each house, as |
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| 55 | 55 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 56 | 56 | | Act does not receive the vote necessary for immediate effect, this |
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| 57 | 57 | | Act takes effect September 1, 2025. |
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