Texas
Related: About this forumPerry style “double dip” would be verboten under bill advancing in Texas House
A bill to bar Texas elected officials from double dipping, or collecting a state pension while still in office, won tentative approval from the House on Monday.
Former Gov. Rick Perry inspired the legislation after revealing four years ago on a personal financial disclosure form that he filed as a presidential candidate that he was collecting a state pension of about $90,000 in addition to his $150,000 salary as governor. State ethics laws dont require politicians to disclose their income from pensions.
Clearly, its a bad practice that erodes the public trust, and its something Im glad we have bipartisan support to end, said bill author Rep. Chris Turner, D-Grand Prairie. This bill is an important step.
The measure, which advanced on a vote of 137-2, would apply to all elected officials in the state Employees Retirement System except for district attorneys. It only would apply to those elected after it takes effect. If the Senate also gives it a two-thirds vote, the bill would take effect immediately and otherwise, on Sept. 1.
Read more: http://trailblazersblog.dallasnews.com/2015/05/perry-style-double-dip-would-be-verboten-under-bill-advancing-in-texas-house.html/
Downwinder
(12,869 posts)from collecting their retirement?
I guess the question shoulb, "Is a State Rep. an Official?"
TexasTowelie
(112,207 posts)since the teacher retirement fund is the TRS while as an elected official the longevity pension is building in the ERS.
roody
(10,849 posts)Gothmog
(145,288 posts)Goodhair's double dip was really wrong
TexasBushwhacker
(20,191 posts)funding. Amazing! He tried to raid the Teacher Retirement System funds and over 12K teachers and support staff lost their jobs because of his cuts. His state tax cuts to businesses put millions in the pockets of oil and gas companies and forced hundreds of school districts to raise property taxes. Evil, evil man.