Texas 2019 - 86th Regular

Texas House Bill HB2542

Caption

Relating to the administration of and benefits payable under the Teacher Retirement System of Texas.

Impact

One of the significant amendments in HB2542 includes provisions for retirees who have returned to work. It enables those whose benefits were previously suspended to have their monthly benefit payments resumed upon meeting certain conditions. This change can alleviate concerns among retirees regarding the risks associated with re-entering the workforce while still receiving certain benefits. Additionally, the bill mandates that the Teacher Retirement System adopt clear deadlines for appeals against administrative decisions, ensuring retirees have an equal time frame to respond to such decisions as the system had to make them.

Summary

House Bill 2542 is an important piece of legislation aimed at reforming the administrative aspects and benefits provisions of the Teacher Retirement System of Texas. The bill introduces modifications to existing laws governing retirement benefits, particularly for those who had previously resumed employment after retirement. It seeks to clarify certain provisions under the Government Code, making the framework for appeals and benefit resumptions more straightforward for retirees. This helps ensure that retired teachers can better navigate their benefits and understand the implications of their decisions post-retirement.

Contention

While the bill aims to provide clarity and support for retired educators, there may be points of contention regarding the implications of such administrative changes. Critics may argue that while intended to simplify processes, altering the benefits framework could introduce complexities or unintended consequences for specific retirees. The delineation of what constitutes a 'minor violation' in connection with retirement benefits could also lead to debates, particularly around the interpretation and enforcement of these new regulations, raising concerns about equity among retirees.

Companion Bills

No companion bills found.

Previously Filed As

TX HB600

Relating to contributions to, benefits from, and the administration of systems and programs administered by the Teacher Retirement System of Texas.

TX HB4863

Relating to contributions to, benefits from, and the administration of the Teacher Retirement System of Texas.

TX HB775

Relating to benefits paid by the Teacher Retirement System of Texas.

TX SB10

Relating to certain benefits paid by the Teacher Retirement System of Texas.

TX HB1729

Relating to a one-time supplemental payment of benefits under the Teacher Retirement System of Texas.

TX HB1961

Relating to a one-time supplemental payment of benefits under the Teacher Retirement System of Texas.

TX SB669

Relating to a one-time supplemental payment of benefits under the Teacher Retirement System of Texas.

TX SB1245

Relating to contributions to, benefits from, and the administration of the Judicial Retirement System of Texas Plan Two.

TX HB3636

Relating to a cost-of-living adjustment applicable to certain benefits paid by the Teacher Retirement System of Texas and a study on the feasibility of providing annual adjustments and an optional cash balance benefit under the system.

TX HB3367

Relating to contributions to, benefits from, and the administration of the Judicial Retirement System of Texas Plan Two.

Similar Bills

No similar bills found.