Bill Text: TX SB1285 | 2011-2012 | 82nd Legislature | Enrolled


Bill Title: Relating to contributions to the retirement systems for certain police officers in certain municipalities.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Enrolled - Dead) 2011-06-17 - Effective on 9/1/11 [SB1285 Detail]

Download: Texas-2011-SB1285-Enrolled.html
 
 
  S.B. No. 1285
 
 
 
 
AN ACT
  relating to contributions to the retirement systems for certain
  police officers in certain municipalities.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subdivisions (1) and (2), Subsection (a),
  Section 8.01, Chapter 452 (S.B. 738), Acts of the 72nd Legislature,
  Regular Session, 1991 (Article 6243n-1, Vernon's Texas Civil
  Statutes), are amended to read as follows:
               (1)  Deposits by the members to the police retirement
  system shall be made at a rate of at least 13 [six] percent of the
  basic hourly earnings of each member.  Deposits required to be made
  by members shall be deducted from payroll.  On recommendation of the
  board, the Active--Contributory members may by a majority of those
  voting increase the rate of member deposits above 13 [six] percent
  to whatever amount the board has recommended.  If the deposit rate
  for members has been increased to a rate above 13 [six] percent, the
  rate may be decreased if the board recommends the decrease, the
  board's actuary approves the decrease, and a majority of the
  Active--Contributory members voting on the matter approve the
  decrease.
               (2)  The city shall contribute amounts equal to 18
  percent of the basic hourly earnings of each member employed by the
  city for all periods on or before September 30, 2010, subject to
  additional amounts as provided by Subdivision (3) of this
  subsection.  The city shall contribute amounts equal to 19 percent
  of the basic hourly earnings of each member employed by the city for
  all periods after September 30, 2010, and before October 1, 2011,
  subject to additional amounts as provided by Subdivision (3) of
  this subsection.  The city shall contribute amounts equal to 20
  percent of the basic hourly earnings of each member employed by the
  city for all periods after September 30, 2011, and before October 1,
  2012, subject to additional amounts as provided by Subdivision (3)
  of this subsection. The city shall contribute amounts equal to 21
  percent of the basic hourly earnings of each member employed by the
  city for all periods after September 30, 2012, subject to
  additional amounts as provided by Subdivision (3) of this
  subsection. The city council may also authorize the city to make
  additional contributions to the police retirement system in
  whatever amount the city council may determine.  Contributions by
  the city shall be made each pay period.
         SECTION 2.  This Act takes effect September 1, 2011.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 1285 passed the Senate on
  May 10, 2011, by the following vote: Yeas 31, Nays 0; and that the
  Senate concurred in House amendment on May 27, 2011, by the
  following vote: Yeas 31, Nays 0.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 1285 passed the House, with
  amendment, on May 25, 2011, by the following vote: Yeas 107,
  Nays 35, three present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor
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