Texas 2025 - 89th Regular

Texas Senate Bill SB3042 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	89R22549 KFF-D
2	2	By: Hughes S.B. No. 3042
3	3
4	4
5	5
6	6
7	7	A BILL TO BE ENTITLED
8	8	AN ACT
9	9	relating to the resumption of employment by certain retirees under
10	10	the Texas Municipal Retirement System.
11	11	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
12	12	SECTION 1. Section 852.108, Government Code, is amended by
13	13	amending Subsections (e) and (f) and adding Subsection (e-1) to
14	14	read as follows:
15	15	(e) After termination of employment with the reemploying
16	16	municipality and after filing of an application for resumption of
17	17	retirement with the board of trustees, a person described by
18	18	Subsection (c) is entitled to receive:
19	19	(1) future payments of the suspended annuity, as
20	20	provided by:
21	21	(A) Subsection (e-1); or
22	22	(B) Subsection (f);[,] and
23	23	(2) if subject to Subsection (f), [to the] additional
24	24	benefits as provided by Subsections (g), (h), (i), and (j).
25	25	(e-1) A person described by Subsection (c) who becomes an
26	26	employee of the person's reemploying municipality at any time
27	27	during the 120 consecutive days after the effective date of the
28	28	person's initial retirement from the reemploying municipality may
29	29	elect, in the manner and form prescribed by the board of trustees,
30	30	to restore to effect the person's membership, including any prior
31	31	service credit, special prior service credit, antecedent service
32	32	credit, or updated service credit used in determining the amount of
33	33	the person's annuity at the time of the initial retirement. If the
34	34	person subsequently retires from the reemploying municipality, the
35	35	retirement system shall:
36	36	(1) allow the person credit for all current service
37	37	for which required contributions have been made and not withdrawn
38	38	or distributed;
39	39	(2) recompute the person's annuity based on service
40	40	before and after the initial retirement, provided the annuity is
41	41	actuarially reduced to reflect the value of benefits received by
42	42	the person before the person resumed employment with the
43	43	reemploying municipality; and
44	44	(3) resume monthly payments of the recomputed annuity
45	45	effective beginning with the month following the month in which
46	46	employment is terminated with the reemploying municipality.
47	47	(f) Monthly payments of an annuity suspended under
48	48	Subsection (c) other than an annuity subject to Subsection (e-1)
49	49	shall resume effective beginning with the month following the month
50	50	in which employment is terminated with the reemploying
51	51	municipality, without change in the amount except for any increase
52	52	allowed under Section 854.203 or the duration of or another
53	53	condition pertaining to the suspended benefit. Except as provided
54	54	by Subsection (j), payment of the resumed benefit may not be made
55	55	for any month during which the payment was suspended under this
56	56	section.
57	57	SECTION 2. Section 852.108, Government Code, as amended by
58	58	this Act, applies to a retiree of the Texas Municipal Retirement
59	59	System regardless of whether the person retired from employment
60	60	before, on, or after the effective date of this Act.
61	61	SECTION 3. This Act takes effect September 1, 2025.