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No significant fiscal implication to the State is anticipated.
No fiscal implication to units of local government is anticipated.
The bill declares if certain members of the elected class of the Employee Retirement System of Texas commit any of the following felonies while in office, they are ineligible to receive service retirement annuity. Qualifying felonies include: bribery, embezzlement, extortion, or other theft of public money, perjury, or conspiracy or the attempt to commit any of the above crimes. If a member's conviction is overturned, they would be entitled to receive an amount equal to the accrued total of payments and interest earned on the payments withheld during the suspension period; and may resume annuity payments.