Texas HB4694 amends the Employees Retirement System of Texas to allow certain retirees to resume membership and benefits.

Texas HB4694 modifies the Employees Retirement System of Texas to allow certain retirees to resume membership and benefits. Specifically, it allows retirees from the employee class to rejoin the system if they hold a position requiring gubernatorial appointment and senate consent, earn a salary under the General Appropriations Act, and file notice with the retirement system. If a retiree resumes membership, annuity payments for previously credited service are suspended until they leave the position. The bill also allows retirees from the elected class to rejoin by filing notice.

Texas HB4694 amends the Employees Retirement System of Texas to allow certain retirees to resume membership and benefits.

Texas HB4694 modifies the Employees Retirement System of Texas to allow certain retirees to resume membership and benefits. Specifically, it allows retirees from the employee class to rejoin the system if they hold a position requiring gubernatorial appointment and senate consent, earn a salary under the General Appropriations Act, and file notice with the retirement system. If a retiree resumes membership, annuity payments for previously credited service are suspended until they leave the position. The bill also allows retirees from the elected class to rejoin by filing notice.