TITLE 34.PUBLIC FINANCE

Part 11. OFFICE OF THE FIRE FIGHTERS' PENSION COMMISSIONER

Chapter 308. BENEFITS FROM THE TEXAS EMERGENCY SERVICES RETIREMENT SYSTEM

34 TAC §§308.1 - 308.3

The Texas Emergency Services Retirement System State Board of Trustees adopts amended rules 34 Texas Administrative Code Chapter 308, §§308.1 - 308.3 governing benefits from the Texas Emergency Services Retirement System. The Board adopted §308.1 and §308.2 without changes. The Board adopted §308.3 with a non-substantive change from the proposed version. The rules changes were adopted by the Board on May 16, 2006. The amended rules were proposed for public comment in the March 31, 2006, issue of Texas Register (31 TexReg 2835).

The amended rules reduce benefits for volunteer fire fighters and EMS personnel in departments that participate in the System. The Board reduced benefits to improve the long-term actuarial soundness of the System. The amendment to §308.1 eliminates partial vesting for active members with less than 10 years of qualified service. The amendment to §308.2 reduces the benefit formula compound interest rate from 7% to 6.2% for all years of qualified service over 15 years. The amendment to §308.2 provides a procedure for initiating and terminating benefits. The amendment to §308.3 clarifies the amount of disability payments.

The amendment to §308.1(c) "grandfathers" active member's vested accrued benefits for retirement, termination, or death as of December 31, 2006. The System will calculate the amount of every vested member's vested accrued benefit as of December 31, 2006 and keep a record of this amount as each person's minimum benefit. Upon termination, death, or retirement, the System will pay the larger of the benefits under the new reduced benefit formula and the minimum benefit. Vested terminated members at the effective date of the changes would not be affected by the rule amendment.

The Board adopted §308.1 and §308.2 without changes. The Board adopted §308.3 with changes from the published version. The Board amended §308.3(a) by substituting the words "above $12" for the words "made since participation began". Changes in the adopted rule reflect a non-substantive variation from the proposed rule. The changes affect no new persons, entities or subjects other than those given notice and that compliance with the adopted sections will not be more burdensome than under the proposed section. Accordingly, republication of the adopted sections, as proposed amendments is not required.

The Windcrest VFD Pension Board submitted written comments in opposition to the benefit reductions proposed in §308.1 and §308.2. The Board received comments from the West Columbia Fire Department in opposition to the proposed changes to §308.1, §308.2 and §308.3. Paul Richard filed written comments in opposition to the proposed benefit reductions to fire fighters with over 15 years of service. The membership of the Schulenburg Fire Department voted in opposition to reductions to the compounding of benefits for service over 15 years and voted in support of longer vesting periods. The State Board does not disagree with the comments made in opposition to the benefit reductions. The Board reduced benefits to improve the long-term actuarial soundness of the system.

The amended rules are adopted under the statutory authority of Title 8, Government Code, Subtitle H Texas Emergency Services Retirement System. No other statutes, articles, or codes are affected by the rule amendment.

§308.3Disability Retirement Annuity.

(a) Except as otherwise provided by §864.004 and §865.006, Government Code, and this section, a member whose disability results from performing emergency service duties is entitled to a monthly annuity during the period of the disability in an amount equal to $300 plus $50 for every $12 increase in contributions above $12 by the governing body for which the person was performing emergency service duties at the time of the disability.

(b) An increase in contributions by a governing body after the payment of a monthly annuity begins does not increase the amount of the annuity.

(c) Disability benefits are prorated for portions of months during which a person is disabled.

(d) A local board shall report to the commissioner, in a manner provided by the pension system, a determination of temporary disability not later than the 45th day after the date the disability begins.

(e) A person receiving temporary disability benefits who does not apply to the Social Security Administration for certification as permanently disabled before the second anniversary of the date of determination of temporary disability or, if the person does not participate in the social security program, to a medical board selected by the state board for alternative certification is subject to termination of disability benefit payments if the person is not certified by the Social Security Administration or the medical board within the period provided by §864.004, Government Code.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on July 6, 2006.

TRD-200603631

Lisa Ivie Miller

Commissioner

Office of the Fire Fighters' Pension Commissioner

Effective date: July 26, 2006

Proposal publication date: March 31, 2006

For further information, please call: (512) 936-3470


Chapter 310. ADMINISTRATION OF THE TEXAS EMERGENCY SERVICES RETIREMENT SYSTEM

34 TAC §§310.5, 310.6, 310.8

The State Board of Trustees of the Texas Emergency Services Retirement System adopts amended rules 34 Texas Administrative Code Chapter 310, §§310.5, 310.6, and 310.8 governing administration of the Texas Emergency Services Retirement System (System). The Board adopted the rules amendment on May 16, 2006 without changes. The adopted rule amendments are effective September 1, 2006. The amended rules were proposed for public comment in the March 31, 2006, issue of Texas Register (31 TexReg 2836).

The adopted amendment to §310.6 increases minimum pension contribution rates by $4 per month per member in each of the years following September 1, 2006. This is the first increase in the statewide minimum pension contribution rate since the pension fund was created in 1977. The current minimum contribution rate is $12 per member per month, and this minimum rate has lost over two-thirds of its purchasing power to inflation since 1977.

The adoption of the higher contribution rates will allow the System to provide qualified firefighters and emergency services personnel with higher pension, disability, and death benefits. The public benefit anticipated as a result of the adoption of the new rules will be to provide participating departments with improved benefits to recruit volunteer fire fighters and emergency services personnel to protect local communities.

The adopted amendment to §310.8 establishes the Automated Clearing House (ACH) legal framework of rules and procedures as the preferred method of electronic payment of pension contributions.

The Board received comments from the West Columbia Fire Department and the Schulenburg Fire Department in support of the proposed amendment increasing contribution rates.

The rule amendment is adopted under the statutory authority of Title 8, Government Code, Subtitle H, Texas Emergency Services Retirement System. No other statutes, articles, or codes are affected by the adopted amendment.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on July 6, 2006.

TRD-200603630

Lisa Ivie Miller

Commissioner

Office of the Fire Fighters' Pension Commissioner

Effective date: September 1, 2006

Proposal publication date: March 31, 2006

For further information, please call: (512) 936-3470