| TO: | Honorable Craig Eiland, Chair, House Committee on Pensions & Investments |
| FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
| IN RE: | SB482 by Shapiro (Relating to the retirement benefits payable to retirees of the Teacher Retirement System of Texas who are employed as teacher mentors.), As Engrossed |
SB 482 as Engrossed would allow certain retirees of the Teacher Retirement System, who have a 12 month separation of service, to work as mentors without having a reduction to their annuity. The bill is estimated to not have a significant actuarial impact.
| Source Agencies: | 338 Pension Review Board
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| LBB Staff: | JOB, WM
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