LEGISLATIVE BUDGET BOARD
Austin, Texas
 
ACTUARIAL IMPACT STATEMENT
 
80TH LEGISLATIVE REGULAR SESSION
 
April 11, 2007

TO:
Honorable Vicki Truitt, Chair, House Committee on Pensions & Investments
 
FROM:
John S. O'Brien, Director, Legislative Budget Board
 
IN RE:
SB457 by Watson (Relating to the eligibility for education benefits of surviving minor children of certain public employees killed in the line of duty.), As Engrossed

SB 457 as engrossed would amend Section 615.0225 of the Government Code.  This section relates to educational benefits granted to survivors of public employees killed in the line of public service.  The bill would change the definition of a child from being any child claimed as a dependent for purposes of Federal taxation to any “minor child” as defined in section 615.001; this ensures that the child was younger than 18 at the date of the death of the employee. 

 

According to the bill, to be eligible for education benefits as a survivor, a child must have been younger than 18 years old at the time of the employee’s death if that death occurred after September 10, 2001.  This retroactive rule relates to education benefits for any semester beginning or after fall 2007.

 

The bill would not have an actuarial impact because it does not affect the funding or benefits or any public retirement system.



Source Agencies:
338 Pension Review Board
LBB Staff:
JOB, WM