HB 3870

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 3870 provides a one-time 10% benefit increase to retirees under the Employees Retirement System of Texas (ERS), starting in 2026. It also establishes an annual cost-of-living adjustment (COLA) based on the Consumer Price Index for Urban Wage Earners (CPI-W), subject to actuarial soundness. Furthermore, it authorizes a one-time supplemental payment of up to $2,000 for eligible retirees in January 2026, provided that the legislature appropriates sufficient funds​.
Author (1)
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