SB 1544

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
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 (1)
Adam Hinojosa
Co-Author (1)
Juan Hinojosa
Related Legislation
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