79th Texas Legislature, Regular Session, House Bill 1114, Chapter 1033 Page: 2 of 6
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H.B. No. 1114
1 (c) The service retirement annuity of a member qualifying
2 for retirement under Section 834.101(a) is the applicable state
3 salary under Subsection (a), multiplied by a percentage amount that
4 is the sum of 50 percent plus the product of two percent multiplied
5 by the number of years of subsequent service credit the member
6 accrues under Section 835.1015(a). After including any increase
7 under Subsection (b), the service retirement annuity under this
8 subsection may not be an amount that is greater than 80 percent of
9 the applicable salary under Subsection (a).
10 SECTION 3. Subsection (c), Section 835.101, Government
11 Code, is amended to read as follows:
12 (c) Except as provided by Section 835.1015, a [A] member who
13 accrues 20 years of service credit in the retirement system ceases
14 making contributions under this section.
15 SECTION 4. Subchapter B, Chapter 835, Government Code, is
16 amended by adding Section 835.1015 to read as follows:
17 Sec. 835.1015. CONTRIBUTIONS AFTER 20 YEARS OF SERVICE
18 CREDIT. (a) A judicial officer who is a member of the retirement
19 system and who accrues 20 years of service credit in the retirement
20 system may elect to make contributions for each subsequent year of
21 service credit that the member accrues by filing an application
22 with the retirement system.
23 (b) A member who elects to make contributions under
24 Subsection (a) shall contribute six percent of the member's state
25 compensation for each payroll period in the manner provided by
26 Sections 835.101(a) and (b).
27 (c) A member may not make contributions under this sectionI
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Texas. Legislature. House of Representatives. 79th Texas Legislature, Regular Session, House Bill 1114, Chapter 1033, legislative document, June 18, 2005; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth156421/m1/2/: accessed June 30, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Government Documents Department.