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HB 716, 64th R.S.

Relating to the Employees Retirement System of Texas; providing for termination of membership; providing for continuing membership with retirement eligibility after a certain period of service; providing for service retirement; providing for re-employment of retired appointive officers or employees; providing for refund of contributions; providing for forfeiture of inactive accounts; providing for transfer of interest to various system funds; providing for computation and crediting of interest to member accounts; providing for an interest fund; and to provide for lump sum payments on retirement for certain accumulated leave.

Last action: Reported from committee favorably without amendments

Author: Sarah Weddington

Companion:

SB 90 (Identical)

Subjects:
EMPLOYEES RETIREMENT SYSTEM OF TEXAS (ERS)
Retirement Systems--State Employees

House Committee: State Affairs () Minutes: March 3 1975 | March 25 1975 | March 26 1975

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