| Vote Recommendation | Economic Freedom | Property Rights | Personal Responsibility | Limited Government | Individual Liberty |
|---|---|---|---|---|---|
| Yes | Neutral | Neutral | Neutral | Positive | Neutral |
Relating to a study by the Employees Retirement System of Texas of certain state retirement system reforms.
No significant fiscal implication to the State is anticipated.
HB 4534 would require the Employees Retirement System of Texas to conduct a study to evaluate potential reforms to improve the financial health of the retirement system.
Texas Action supports HB 4534 because it espouses the limited government principle. It is within the state's remit to conduct studies to bring more efficiency to public retirement system funds.