Amends TCA Title 8.
Present law generally allows members of TCRS to establish credit in the retirement system during periods of military service that occurred: (1) As a result of the member leaving the employ of TCRS-participating employer in order to perform military service in the armed forces of the U.S., and who is reemployed by such employer within six months of honorable discharge from such service. A member establishing credit under this provision must make a back payment equal to the amount of employee contributions the member would have made had the member remained continuously employed with the employer during the period of military service claimed; (2) During WWI, WWII, Korean War, or Vietnam Era; (3) As peacetime service during the period October 15, 1940, through May 7, 1975. A member establishing credit under this provision must make an employee contribution based on a rate of 10.5 percent for the first year and 9 percent for subsequent years; and (4) During a period of armed conflict other than those identified in (2). A member establishing credit under this provision must make an employee contribution based on a rate of 9 percent. This bill adds authorization for a TCRS member to establish retirement credit for military service in active federal duty in the armed forces of the United States, other than as a student at a service academy, that was performed: (1) As a direct result of being inducted or first enlisting for duty on a date when the federal government was actively inducting persons into the armed forces under federal draft laws; (2) As a reservist or member of the national guard who was ordered to duty under the authority of federal law; (3) During a time when the federal government was actively inducting persons into the armed forces under federal draft laws; or (4) As a result of voluntarily entering on active duty. A member may not establish more than five years of service credit in the retirement system under this bill for military service. Service may be established in one-year increments. Military service that is terminated by sentence of a court-martial is not creditable under this bill.
Present law generally allows members of TCRS to establish credit in the retirement system during periods of military service that occurred: (1) As a result of the member leaving the employ of TCRS-participating employer in order to perform military service in the armed forces of the U.S., and who is reemployed by such employer within six months of honorable discharge from such service. A member establishing credit under this provision must make a back payment equal to the amount of employee contributions the member would have made had the member remained continuously employed with the employer during the period of military service claimed; (2) During WWI, WWII, Korean War, or Vietnam Era; (3) As peacetime service during the period October 15, 1940, through May 7, 1975. A member establishing credit under this provision must make an employee contribution based on a rate of 10.5 percent for the first year and 9 percent for subsequent years; and (4) During a period of armed conflict other than those identified in (2). A member establishing credit under this provision must make an employee contribution based on a rate of 9 percent. This bill adds authorization for a TCRS member to establish retirement credit for military service in active federal duty in the armed forces of the United States, other than as a student at a service academy, that was performed: (1) As a direct result of being inducted or first enlisting for duty on a date when the federal government was actively inducting persons into the armed forces under federal draft laws; (2) As a reservist or member of the national guard who was ordered to duty under the authority of federal law; (3) During a time when the federal government was actively inducting persons into the armed forces under federal draft laws; or (4) As a result of voluntarily entering on active duty. A member may not establish more than five years of service credit in the retirement system under this bill for military service. Service may be established in one-year increments. Military service that is terminated by sentence of a court-martial is not creditable under this bill.
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