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 |
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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 [ |
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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 [ |
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to whatever amount the board has recommended. If the deposit rate | ||
for members has been increased to a rate above 13 [ |
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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 |