ACTUARIAL EFFECTS AND SYNOPSIS OF PROVISIONSThe bill would amend the Government Code as it relates to the Texas Business Court, including providing additional compensation increases from the state for administrative presiding judges of the business courts and any judge of a business court.
According to the actuarial analysis for the Judicial Retirement System - Plan II (JRS II), if the additional compensation was not considered pensionable earnings (no contributions paid or benefits earned), then there would be no impact to JRS II. However, to the extent the additional compensation was included in pensionable earnings, there would be some impact to JRS II, but it would not be material.
SOURCES:
Actuarial Analysis by Dana Woolfrey, FSA, EA, MAAA, Thomas Bevins, ASA, MAAA, and Joe Newton, FSA, EA, MAAA, Gabriel, Roeder, Smith & Company, April 7, 2025.