86R12480 LED-F
 
  By: Herrero H.B. No. 4492
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to enrollment of certain retirees in and cost-sharing for
  the Texas Public School Employees Group Insurance Program.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 1575.161, Insurance Code, is amended by
  adding Subsections (b) and (c) to read as follows:
         (b)  Notwithstanding Subsection (a), the trustee by rule
  shall provide one opportunity to reenroll in a health benefit plan
  offered under the group program for an otherwise eligible retiree:
               (1)  who is eligible to enroll in Medicare;
               (2)  whose initial enrollment was voluntarily
  terminated on or after January 1, 2017, and on or before December
  31, 2018; and
               (3)  who opts to reenroll on or before December 31,
  2023.
         (c)  Subsection (b) and this subsection expire September 1,
  2024.
         SECTION 2.  Section 1575.202(a), Insurance Code, is amended
  to read as follows:
         (a)  Each state fiscal year, the state shall contribute to
  the fund an amount equal to a percentage [1.25 percent] of the
  salary of each active employee as follows:
               (1)  for the 2020 and 2021 fiscal years, 2.25 percent;
               (2)  for the 2022 fiscal year, 2.5 percent;
               (3)  for the 2023 fiscal year, 2.75 percent;
               (4)  for the 2024 fiscal year, three percent;
               (5)  for the 2025 fiscal year, 3.25 percent;
               (6)  for the 2026 fiscal year, 3.5 percent;
               (7)  for the 2027 fiscal year, 3.75 percent;
               (8)  for the 2028 fiscal year, four percent; and
               (9)  for the 2029 fiscal year, and each subsequent
  fiscal year, 4.25 percent.
         SECTION 3.  Section 1575.212, Insurance Code, is amended by
  adding Subsection (c) to read as follows:
         (c)  The trustee may not increase the payments under
  Subsection (a-1) for a biennium in which the legislature does not
  increase annuities under Chapter 824, Government Code.
         SECTION 4.  (a) Not later than November 1, 2019, the Teacher
  Retirement System of Texas shall adopt rules necessary to implement
  Section 1575.161(b), Insurance Code, as added by this Act.
         (b)  Rules adopted by the Teacher Retirement System of Texas
  under Section 1575.161(b), Insurance Code, as added by this Act,
  must apply to a retiree described by that subsection, regardless of
  whether the termination of the retiree's initial enrollment
  occurred before, on, or after the effective date of the rules or
  this Act.
         SECTION 5.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2019.