TO:	Honorable Florence Shapiro, Chair, Senate Committee on Education
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. ), Committee Report 1st House, Substituted

CSSB 482 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.