TO: | Honorable Bill Callegari, Chair, House Committee on Pensions |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | HB2444 by Callegari (Relating to the confidentiality of information held by a public retirement system. ), Committee Report 1st House, Substituted |
CSHB 2444 would amend the Government Code, Section 552.0038 as applicable to public retirement systems by eliminating the discretionary authority of public retirement systems to determine whether a record is subject to the public information requirements. The bill also specifically defines the term 'individual record', clarifies what information is confidential and not subject to public disclosure, and specifies the information that can be disclosed by a public retirement system.
The bill, if enacted, will have no significant actuarial effect because it does not propose to change the benefit structure, funding or obligations of any public retirement system.
Source Agencies: | 338 Pension Review Board
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LBB Staff: | UP, WM
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