WebMay 14, 2024 · If Senate Bill 321 stopped there – with an annual cash contribution to keep ERS solvent – all employee groups would be happy. Sen. Sen. Joan Huffman , R-Southside … WebApr 28, 2024 · SB 321 Texas Senate Bill 87th Legislature (2024) Introduced in Senate May 03, 2024 Passed Senate Apr 28, 2024 Passed House May 26, 2024 Signed by Governor Jun 18, 2024 Relating to contributions to, benefits from, and the administration of the Employees Retirement System of Texas. View Latest Bill Text Sign In to Follow Bill Subjects
The Texas State Senate – News - 20240428a
WebJustification: In the 87th Legislative Session (2024), amendments to Family Code 157.005, 157.263, and 234.007(a) clarified that child support, medical support, and dental support are separate obligations for the purpose of judgments and required all "child support payments" be made through the SDU. ... Amends Family Code 157.321 and 157.322 to ... WebMar 27, 2024 · ERS will monitor for legislation related to our benefits and operations during the 88th Texas Legislature. Check this page regularly for updates on bills that could affect ERS’ benefits programs and operations. Sign up for email updates on ERS-related legislative activity. Links to legislative recordings: Find recordings of House hearings ragu od sipe
Texas Senate bill would close state pension plan to new employees
WebSep 1, 2024 · Last spring, the Texas Legislature passed Senate Bill 321 to address the unfunded pension liabilities (or debt) in the Employees Retirement System of Texas (ERS) Retirement Trust Fund and create a new retirement benefit. Since lawmakers began debating the bill, ERS has received many questions about the legislation. WebThis change was in the form of Senate Bill 321, which converts ERS to a cash balance plan for new state employees (Hired after September 2024), most of whom will receive a benefit cut under this system. Senator Joan Huffman authored this bill in the Senate, with Senators Bettencourt, Nelson, Springer, and Perry co-authoring. Sen. WebApr 28, 2024 · Details on Texas SB 321 (Texas 87th Legislature (2024)) - Relating to contributions to, benefits from, and the administration of the Employees Retirement … ragu o ragla