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Free Enterprise
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Digest
SB 2491 modifies employer contributions for retirees of the Teacher Retirement System of Texas (TRS) who return to work for a public school. It adjusts contribution calculations to be based on a percentage of retiree salaries as determined by the TRS actuary. The bill ensures that if the calculated employer contribution is less than the existing required contribution, employers are not obligated to pay additional amounts. The changes take effect in the 2025-2026 school year​.
Author (1)
Tan Parker