Texas SB1738 modifies the Judicial Retirement System Plan Two, allowing certain judicial retirees to rejoin the system and receive benefits.
Texas SB1738 amends the Judicial Retirement System Plan Two, allowing judicial retirees to rejoin the system if they have been out of judicial service for at least six consecutive months. Retirees who rejoin must make member contributions and may receive service credit for prior judicial service. The bill also adjusts annuity calculations for those who resume service, taking into account their highest salary and additional service credit. It repeals certain provisions and sets rules for the board of trustees to implement these changes.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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