78th Texas Legislature, Regular Session, House Bill 2561, Chapter 683 Page: 1 of 4
4 p.View a full description of this legislative document.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
CHAPTER 683 H.B. No. 2561
1 AN ACT
2 relating to the application of changes in benefits received by
3 members and retirees of retirement systems for paid, partly paid,
4 and volunteer fire fighters and their beneficiaries.
5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
6 SECTION 1. Section 2, Texas Local Fire Fighters Retirement
7 Act (Article 6243e, Vernon's Texas Civil Statutes), is amended by
8 adding Subdivisions (10) and (11) to read as follows:
9 (10) "Determination date" means:
10 (A) the day before the effective date of an
11 addition or change adopted by the board of trustees of a retirement
12 system under Section 7. of this Act; or
13 (B) the date of divorce for a member or retiree
14 whose benefits under this Act are subject to a qualified domestic
15 relations order.
16 (11) "Vested accrued benefit" means the amount of the
17 monthly benefit that a person is entitled to receive based on the
18 person's service credit and compensation history as of the
19 determination date under the benefit formula and other terms
20 established by a retirement system, including a vested percentage
21 where applicable, as those terms exist on the determination date.
22 The vested accrued benefit of a member is calculated without regard
23 to any optional form of payment the member may select at retirement.
24 The term does not include cost-of-living increases that may be
Upcoming Pages
Here’s what’s next.
Search Inside
This document can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Legislative Document.
Texas. Legislature. House of Representatives. 78th Texas Legislature, Regular Session, House Bill 2561, Chapter 683, legislative document, 2003-05/2003-06; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth158481/m1/1/: accessed April 24, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.