LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
 
April 3, 2023

TO:
Honorable Joan Huffman, Chair, Senate Committee on Finance
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
SB1854 by Paxton (Relating to optional group benefits for dental and vision care under the Texas Public School Employees Group Insurance Program.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would require the Teacher Retirement System (TRS) to establish optional benefit programs for vision and dental care within the Texas Public School Employees Group Insurance Program, or TRS-Care. The bill would not modify existing state contributions to the retired school employees group insurance fund.

TRS did not provide estimates of increased claims costs under the bill. However, TRS assumes that any costs associated with the additional benefits and administrative costs of the bill would be funded by increased contributions from participating plan members. Therefore, there is no significant fiscal impact to the state or the retired school employees group insurance fund.

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
323 Teacher Retirement System
LBB Staff:
JMc, KK, ASA, MMo