82R13284 CBE-D By: Truitt H.C.R. No. 99 CONCURRENT RESOLUTION WHEREAS, Employers include health and retirement benefits in their compensation packages as a competitive business practice; and WHEREAS, The State of Texas is required by law to provide health and retirement benefits through the Employees Retirement System of Texas, and these benefits serve to attract and retain employees; and WHEREAS, Recent state and national events have illustrated the economic and political challenges in providing benefit programs, but the fact remains that benefits play an important role in fostering, promoting, and encouraging state service; now, therefore, be it RESOLVED, That the 82nd Legislature of the State of Texas hereby request the lieutenant governor and the speaker of the house of representatives to create a joint interim committee to conduct a comprehensive, data-driven study of the benefits, including health insurance, retirement programs, and other benefits, of active and retired employees of the State of Texas; and, be it further RESOLVED, That the study's purview cover the programs administered by the Employees Retirement System of Texas; and, be it further RESOLVED, That the study specifically consider: (1) the impact on the state of offering retirement and health benefits; (2) the impact on employees of being offered retirement and health benefits; and (3) the impact of retiree health benefits in calculating Other Post-Employment Benefit (OPEB) liabilities; and, be it further RESOLVED, That the study specifically address the feasibility of the current defined benefit plan, as well as the feasibility of creating a defined contribution or hybrid plan, placing each option within the context of (1) providing a proper system for managing risk; (2) encouraging employee behavior that best meets the workforce needs of the State of Texas; (3) funding benefits in a sound manner; and (4) providing adequate retirement income at a reasonable retirement age after a reasonable period of employment; and, be it further RESOLVED, That the committee submit not later than September 1, 2012, a full report, including findings and recommendations, to the lieutenant governor, the speaker of the house of representatives, and the governor.