TITLE: Relating to employee contributions to the Employees Retirement System of Texas.

SUMMARY: Relating to employee contributions to the Employees Retirement System of Texas.

FULL TEXT:
AN ACT relating to employee contributions to the Employees Retirement System of Texas. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 815.402, Government Code, is amended by adding Subsections (a-1) and (h-1) to read as follows: (a-1) Notwithstanding Subsection (a)(1), if the state contribution to the retirement system is computed using a percentage less than 6.5 percent for the state fiscal biennium beginning September 1, 2011, the member's contribution is not required to be computed using a percentage equal to the percentage used to compute the state contribution for that biennium. This subsection expires September 1, 2013. (h-1) Notwithstanding Subsection (h), if the state contribution to the law enforcement and custodial officer supplemental retirement fund is computed using a percentage less than 0.5 percent for the state fiscal biennium beginning September 1, 2011, the member's contribution is not required to be computed using a percentage equal to the percentage used to compute the state contribution for that biennium. This subsection expires September 1, 2013. SECTION 2. This Act takes effect September 1, 2011.