COMMITTEE: Pensions, Investments & Financial Services

TIME & DATE: 10:00 AM, Monday, June 6, 2022

PLACE: E2.030
CHAIR: Rep. Rafael Anchia


The committee will meet to hear invited and public testimony on the following:


Monitor the agencies and programs under the Committee's jurisdiction and oversee the implementation of relevant legislation passed by the 87th Legislature. Conduct active oversight of all associated rulemaking and other governmental actions taken to ensure the intended legislative outcome of all legislation, including the following:

       HB 1585, relating to the operations and functions of the Teacher Retirement System of Texas; and

       SB 1444, relating to participation in the uniform group coverage program for active school employees and to a study concerning health coverage for school district employees.


Review and evaluate the actuarial soundness of the Teacher Retirement System (TRS) pension fund.


Study benefit enhancements, including a cost-of-living adjustment (COLA) for Teacher Retirement System (TRS) retirees.


Public testimony will be limited to three (3) minutes.


Electronic public comment will be available for the following:


HB 1585 implementation and rulemaking

SB 1444 implementation and rulemaking

Actuarial soundness of TRS pension fund

Benefit enhancements, including a COLA for TRS retirees


For those persons who will be testifying, information for in-person

witness registration, can be found here:


A live video broadcast of this hearing will be available here:

Instructions related to public access to the meeting location and health

and safety protocols for attending this meeting are available here:


Texas residents who wish to electronically submit comments related to

agenda items on this notice without testifying in person can do so until

the hearing is adjourned by visiting:





Persons with disabilities who plan to attend this meeting and who may need assistance, such as a sign language interpreter, are requested to contact Stacey Nicchio at (512) 463-0850, 72 hours prior to the meeting so that appropriate arrangements can be made.