An obscure 1991 provision dealing with state pension benefits was only a few paragraphs long, and it escaped public notice at the time. Even the lawmakers who passed it said they did not know what the fine print accomplished until it became law.
But 20 years later, Gov. Rick Perry (pictured, right) — and an elite group of other veteran politicians — can thank Government Code 813.503 for the lucrative pension benefits they are allowed to collect without leaving office. Politicians’ pension records are private, so it is unknown how many are taking advantage of the provision.
Read the rest of the story at the Texas Tribune.