HB 4161

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 4161 creates an automatic cost-of-living adjustment (COLA) for benefits paid by the Teacher Retirement System of Texas (TRS). Each year, TRS would adjust benefits based on the annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), subject to TRS’s actuarial soundness.
Author (1)
Sergio Munoz, Jr.
View Bill Text and Status