LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 31, 2009 TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1191 by Flores (Relating to the enrollment period for insurance benefits for certain retirees of the Teacher Retirement System.), As Introduced No significant fiscal implication to the State is anticipated. The bill would provide a retiree of the Teacher Retirement System (TRS), who is eligible for health coverage under TRS-Care, the opportunity to select coverage during the first 90 days after retirement. The bill would take effect September 1, 2009. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:323 Teacher Retirement System LBB Staff: JOB, JRO, JGM, JW
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 31, 2009
TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1191 by Flores (Relating to the enrollment period for insurance benefits for certain retirees of the Teacher Retirement System.), As Introduced
TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB1191 by Flores (Relating to the enrollment period for insurance benefits for certain retirees of the Teacher Retirement System.), As Introduced
Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB1191 by Flores (Relating to the enrollment period for insurance benefits for certain retirees of the Teacher Retirement System.), As Introduced
HB1191 by Flores (Relating to the enrollment period for insurance benefits for certain retirees of the Teacher Retirement System.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would provide a retiree of the Teacher Retirement System (TRS), who is eligible for health coverage under TRS-Care, the opportunity to select coverage during the first 90 days after retirement. The bill would take effect September 1, 2009.
The bill would provide a retiree of the Teacher Retirement System (TRS), who is eligible for health coverage under TRS-Care, the opportunity to select coverage during the first 90 days after retirement. The bill would take effect September 1, 2009.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 323 Teacher Retirement System
323 Teacher Retirement System
LBB Staff: JOB, JRO, JGM, JW
JOB, JRO, JGM, JW