Legislative • Other Bills Potentially Affecting TMRS
Other Bills Potentially Affecting TMRS
Besides SB 350 / HB 997, a number of other bills have been filed that potentially affect TMRS. These bills fall into two broad categories, as shown below.
Bills that, if passed, would amend the TMRS Act
HB 159 by Raymond • (Status | Text) Would provide options for certain TMRS members who return to work for the city from which they retired.
HB 925 by Bonnen • (Status | Text) Would provide service credit in TMRS for service as a reserve police officer.
HB 1820 by Anderson of Dallas • ( Status | Text) Proposes to change the requirement for employee participation in TMRS from 1000 hours a year to 1500 hours.
HB 1939 by Menendez • (Status | Text) Would make the TMRS Advisory Committee on Retirement Matters statutory.
HB 2683 by Lucio • (Status | Text) Would allow TMRS municipalities subject to collective bargaining or meet-and-confer agreements to create separate tiers of TMRS benefits for public safety employees within a city.
HB 2934 by Castro • (Status | Text) Proposes non-retroactive, flat rate COLA option and a “13th Check” option that could be granted by a TMRS city. Senate companion– SB 1164.
HB 3338 by Smithee • (Status | Text) Proposes a non-retroactive, flat rate COLA option. Senate companion – SB 642.
SB 642 by Seliger • (Status | Text) Proposes a non-retroactive, flat rate COLA option. House companion – HB 3338.
SB 812 by Zaffirini • (Status | Text) Would provide options for certain TMRS members who return to work for the city from which they retired.
SB 1164 by Wentworth • (Status | Text) Proposes non-retroactive, flat rate COLA option and a “13th Check” option that could be granted by a TMRS city. House companion – HB 2934.
Bills that, if passed, would amend the law governing multiple public retirement systems
(PERS) in Texas, which would affect TMRS
HB 1974 by Sheets • (Status | Text) Would create defined contribution plans in place of all statewide PERS. (Please note that this bill has not been referred to committee.)
HB 2261 by Zedler • (Status | Text) Would prohibit the use of overtime in the calculation of any benefit paid by a Texas PERS.
HB 2451 by Zedler • (Status | Text) Would require any PERS retiree who returns to work to make contributions to the covering PERS.
HB 2653 by Van Taylor • (Status | Text) Would revoke pension benefits for any retiree from a Texas PERS if the retiree is convicted of a felony.
HB 2731 by Truitt • (Status | Text) Proposes several new statutes affecting all Texas PERS, including increased oversight by the Texas Pension Review Board (PRB), benefit limitations, actuarial interest assumption requirements, and a prohibition on benefit increases or COLAs if a plan’s funding ratio is lower than 80%.
HB 3659 by Otto • (Status | Text) Imposes a 50 cent fee per plan member and annuitant on Texas PERS to replace current State general Revenue funding for the PRB.
HB 3790 by Pitts • (Status | Text) Omnibus finance bill that imposes a 50 cent fee per plan member and annuitant on Texas PERS to replace current State general Revenue funding for the PRB.
HJR 127 by Truitt • (Status | Text) Joint resolution proposing a Constitutional amendment to prohibit the state from providing funding to local retirement systems, including TMRS.
SB 1612 by Ogden • (Status | Text) Proposes to expand the oversight authority of the PRB and imposes a 50 cent fee per plan member and annuitant on Texas PERS to replace current State general Revenue funding for the PRB.
SB 1811 by Duncan • (Status | Text) Omnibus finance bill that imposes a 50 cent fee per plan member and annuitant on Texas PERS to replace current State general Revenue funding for the PRB.