Texas House Bill HB1346

Texas 2009 - 81st Regular

• Out of House Committee: 4/15/09
• Voted on by House: 4/22/09

Caption

Relating to the terms of office of certain elected members of the board of trustees of the Employees Retirement System of Texas.

Impact

The proposed amendment could lead to increased operational stability on the board, as experienced trustees who retire can offer their expertise and insights during their remaining term. This continuity is particularly important in managing retirement funds and making long-term decisions that impact the financial health of the retirement system. However, the implications of allowing retired elected officials to serve further may introduce discussions regarding the potential need for fresh perspectives on the board, possibly stifling new talent from emerging leaders within the system.

Summary

House Bill 1346 proposes an amendment to the Government Code regarding the terms of elected members serving on the board of trustees for the Employees Retirement System of Texas. Specifically, the bill allows individuals who retire from employment while serving as elected members of the board to continue their service until the end of their elected term. This provision aims to enhance the stability and continuity of governance within the retirement system's oversight body.

Contention

While the bill is aimed at enhancing the functionality of the board, it may spark debate around the appropriateness of extending terms for retired officials. Critics might argue that retaining retired members could hinder upward mobility for new candidates who could bring innovative ideas and representation to the board, especially in a system designed to address the needs of its members. The balance between experience and fresh input could be a central point of contention as stakeholders assess the bill's potential effects.