TO:	Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	HB5632 by Guillen (Relating to a change of beneficiary by a retiree of the Employees Retirement System of Texas.), As Introduced

The bill would amend the Government Code regarding a change of beneficiary by certain retirees of the Employees Retirement System.  No significant impact to the state is anticipated from implementing the provisions of the bill.

Local Government Impact

No fiscal implication to units of local government is anticipated.