Bill Text: TX HB3928 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to additional service credit for certain members of the Teacher Retirement System of Texas.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-03-24 - Referred to Pensions, Investments & Financial Services [HB3928 Detail]
Download: Texas-2021-HB3928-Introduced.html
| 87R12051 JCG-D | ||
| By: Bernal | H.B. No. 3928 | |
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| relating to additional service credit for certain members of the | ||
| Teacher Retirement System of Texas. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Chapter 823, Government Code, is amended by | ||
| adding Subchapter G to read as follows: | ||
| SUBCHAPTER G. ADDITIONAL SERVICE CREDIT RELATED TO COVID-19 | ||
| Sec. 823.551. ADDITIONAL SERVICE CREDIT FOR EMPLOYMENT | ||
| DURING CERTAIN SCHOOL YEARS. (a) A member is entitled to service | ||
| credit under this section if the member: | ||
| (1) was employed by an employer on a full-time basis | ||
| during the 2019-2020 or 2020-2021 school year; and | ||
| (2) is entitled to service credit for that service. | ||
| (b) Notwithstanding Section 821.006 or any other law, other | ||
| than Section 825.506, a person described by Subsection (a) is | ||
| entitled to an additional year of service credit for each year of | ||
| service credit earned during the 2019-2020 or 2020-2021 school | ||
| year. | ||
| (c) The system shall grant a member entitled to service | ||
| credit under this section the appropriate amount of additional | ||
| service credit. | ||
| SECTION 2. Section 823.551, Government Code, as added by | ||
| this Act, applies only to a member of the Teacher Retirement System | ||
| of Texas who retires on or after the effective date of this Act. | ||
| SECTION 3. This Act takes effect September 1, 2021. | ||
