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Bill > SB669
TX SB669
TX SB669Relating to a one-time supplemental payment of benefits under the Teacher Retirement System of Texas.
summary
Introduced
02/02/2023
02/02/2023
In Committee
02/17/2023
02/17/2023
Crossed Over
Passed
Dead
05/29/2023
05/29/2023
Introduced Session
88th Legislature Regular Session
Bill Summary
Relating to a one-time supplemental payment of benefits under the Teacher Retirement System of Texas.
AI Summary
This bill proposes a one-time supplemental payment of up to $3,000 for certain retired teachers and their beneficiaries from the Teacher Retirement System of Texas (TRS). The payment would be made by September 2024, if the state legislature appropriates sufficient funds for it. To be eligible, the annuitant must have been receiving regular monthly TRS benefits prior to January 2023. The supplemental payment would be in addition to the retiree's regular monthly annuity and would not affect any guaranteed minimum payments. However, the bill excludes certain categories of TRS beneficiaries, such as disability retirees and survivors receiving fixed statutory annuities.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Co-author authorized (on 02/28/2023)
Official Document
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=88R&Bill=SB669 |
| BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/SB00669I.htm |
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