LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 29, 2015 TO: Honorable Dan Flynn, Chair, House Committee on Pensions FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2743 by Capriglione (Relating to enrollment of certain retirees in the Texas Public School Employees Group Insurance Program.), As Introduced No significant fiscal implication to the State is anticipated. The bill would require the Teacher Retirement System of Texas (TRS) to provide a supplemental enrollment period for TRS-Care, the health care program for retired public school employees, for retirees that have experienced extenuating circumstances preventing their coverage selection during the initial enrollment period. The bill would apply to any eligible retiree, regardless of when the initial enrollment period occurred.The bill requires TRS to adopt rules establishing the criteria for approval. The agency indicates any administrative expense can be absorbed within existing resources. TRS also indicates the changes to participation in TRS-Care and any associated costs are not anticipated to be significant. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:323 Teacher Retirement System LBB Staff: UP, AG, AM, PFe
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
March 29, 2015
TO: Honorable Dan Flynn, Chair, House Committee on Pensions FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2743 by Capriglione (Relating to enrollment of certain retirees in the Texas Public School Employees Group Insurance Program.), As Introduced
TO: Honorable Dan Flynn, Chair, House Committee on Pensions
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2743 by Capriglione (Relating to enrollment of certain retirees in the Texas Public School Employees Group Insurance Program.), As Introduced
Honorable Dan Flynn, Chair, House Committee on Pensions
Honorable Dan Flynn, Chair, House Committee on Pensions
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2743 by Capriglione (Relating to enrollment of certain retirees in the Texas Public School Employees Group Insurance Program.), As Introduced
HB2743 by Capriglione (Relating to enrollment of certain retirees in the Texas Public School Employees Group Insurance Program.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would require the Teacher Retirement System of Texas (TRS) to provide a supplemental enrollment period for TRS-Care, the health care program for retired public school employees, for retirees that have experienced extenuating circumstances preventing their coverage selection during the initial enrollment period. The bill would apply to any eligible retiree, regardless of when the initial enrollment period occurred.The bill requires TRS to adopt rules establishing the criteria for approval. The agency indicates any administrative expense can be absorbed within existing resources. TRS also indicates the changes to participation in TRS-Care and any associated costs are not anticipated to be significant.
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: UP, AG, AM, PFe
UP, AG, AM, PFe