89th Legislature

SB 1544

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 1544 allows municipalities participating in the Texas Municipal Retirement System (TMRS) to increase employee contribution rates from the current 5-7% range to 8% of employee compensation. This change provides local governments with greater flexibility in pension funding.
Author
Adam Hinojosa
Co-Author
Juan Hinojosa