LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

March 31, 2009

TO:	Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB1191 by Flores (Relating to the enrollment period for insurance benefits for certain retirees of the Teacher Retirement System.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would provide a retiree of the Teacher Retirement System (TRS), who is eligible for health coverage under TRS-Care, the opportunity to select coverage during the first 90 days after retirement. The bill would take effect September 1, 2009.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

323 Teacher Retirement System

LBB Staff:

JOB, JRO, JGM, JW