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TX HB3886

TX HB3886
Relating to contributions to, benefits from, and the administration of systems and programs administered by the Teacher Retirement System of Texas, including a one-time supplemental payment for retirees.


summary

Introduced
03/07/2019
In Committee
03/19/2019
Crossed Over
Passed
Dead
05/27/2019

Introduced Session

86th Legislature Regular Session

Bill Summary

Relating to contributions to, benefits from, and the administration of systems and programs administered by the Teacher Retirement System of Texas, including a one-time supplemental payment for retirees.

AI Summary

This bill relates to contributions to, benefits from, and the administration of systems and programs administered by the Teacher Retirement System of Texas, including a one-time supplemental payment for retirees. Specifically, the bill allows the retirement system to provide a one-time supplemental payment to certain eligible annuitants, amends provisions related to the forfeiture of retirement benefits, and makes other changes to the administration of the retirement system. The bill also increases the state's contribution rate to the Retiree Health Benefit Fund over time.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Referred to Pensions, Investments & Financial Services (on 03/19/2019)

bill text


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