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No significant fiscal implication to the State is anticipated.
No fiscal implication to units of local government is anticipated.
This legislation would change the payment date of annuities by the Teacher Retirement System of Texas (TRS) from the first working day of the next month to the last working day of the month for which the payment accrues, effective on September 1, 2015.
This bill was not amended on the House floor or in the Senate committee. We continue to remain neutral on HB 2168.
The second chamber sponsor is Senator Eddie Lucio.
First chamber recommendation below:
Updating the aforementioned statutory language neither abridges nor affirms our liberty principles. We remain neutral on HB 2168.