Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB5632 by Guillen (relating to designation of a beneficiary by a retiree of the Employees Retirement System of Texas.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code regarding a change of beneficiary by certain retirees of the Employees Retirement System. No significant impact to the state is anticipated from implementing the provisions of the bill.
Local Government Impact
No fiscal implication to units of local government is anticipated.