Honorable Craig Eiland, Chair, House Committee on Pensions & Investments
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
SB1513 by Averitt (Relating to an interim study regarding the operation of certain state health insurance programs.), Committee Report 2nd House, As Amended
The bill would create a joint interim committee on state health insurance programs and health benefit programs to analyze the feasibility of establishing a separate state agency to administer the health benefit programs currently administered by the Employees Retirement System, the Teacher Retirement System, the University of Texas System, and the Texas A&M University System.
The bill, if enacted, would not have an actuarial effect as it does not propose to change the funding or obligations of any public retirement system.