LEGISLATIVE BUDGET BOARD
Austin, Texas
 
ACTUARIAL IMPACT STATEMENT
 
78TH LEGISLATIVE REGULAR SESSION
 
April 4, 2003

TO:
Honorable Allan Ritter, Chair, House Committee on Pensions & Investments
 
FROM:
John Keel, Director, Legislative Budget Board
 
IN RE:
HB3173 by Pitts (Relating to the group benefits program operated by the Teacher Retirement System of Texas.), As Introduced


HB3173 increases active member contributions and requires school district contributions for the retiree health plan operared by 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
LBB Staff:
JK, WM