TO: | Honorable Allan Ritter, Chair, House Committee on Pensions & Investments |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB2644 by Bailey (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Introduced |
HB2644 amends Section 825.002 of the Government Code to define the appointment and election procedures for trustees of the Teacher Retirement System. The bill, if enacted, will have no actuarial effect because it does not propose to change the funding or obligations of any public retirement system.
Source Agencies: | 338 Pension Review Board
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LBB Staff: | JK, WM
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