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Bill > HB3975
TX HB3975
TX HB3975Relating to a supplemental payment for certain retirees of the Teacher Retirement System of Texas.
summary
Introduced
03/07/2019
03/07/2019
In Committee
03/21/2019
03/21/2019
Crossed Over
Passed
Dead
05/27/2019
05/27/2019
Introduced Session
86th Legislature Regular Session
Bill Summary
Relating to a supplemental payment for certain retirees of the Teacher Retirement System of Texas.
AI Summary
This bill requires the Teacher Retirement System of Texas to make a one-time supplemental payment in September 2019 to certain eligible retirees and beneficiaries. The payment will be the lesser of $2,400 or the amount of the regular August 2019 annuity payment, and will be in addition to the regular monthly annuity. To be eligible, the retiree or beneficiary must have been receiving an annuity payment as of August 2019, with certain exceptions. The bill sets out the specific eligibility requirements and exclusions, and authorizes the retirement system's board to determine other details of the supplemental payment.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Referred to Pensions, Investments & Financial Services (on 03/21/2019)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=86R&Bill=HB3975 |
| BillText | https://capitol.texas.gov/tlodocs/86R/billtext/html/HB03975I.htm |
| Bill | https://capitol.texas.gov/tlodocs/86R/billtext/pdf/HB03975I.pdf |
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