LEGISLATIVE BUDGET BOARD
Austin, Texas
 
ACTUARIAL IMPACT STATEMENT
 
84TH LEGISLATIVE REGULAR SESSION
 
March 30, 2015

TO:
Honorable Dan Flynn, Chair, House Committee on Pensions
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
HB2168 by Muñoz, Jr. (Relating to the payment date for annuities from the Teacher Retirement System of Texas.), As Introduced

House Bill 2168 would amend the Government Code to make administrative changes relating to the benefit payment dates. This bill would take effect on September 1, 2015.

The bill would not have an actuarial impact on the retirement fund administered by the Teacher Retirement System of Texas because it does not propose to change the benefit structure, funding or obligations of the retirement system.  


Source Agencies:
338 Pension Review Board
LBB Staff:
UP, AM, PFe, KFa