Legislative Session News Archive
Regular Session News #17: Benefit increase receives final legislative passage; heads to governor
Jun 1, 2022
Today, the full House unanimously passed Senate Bill 6 (Sen. Price), which would authorize a 2% permanent benefit increase (PBI) for eligible TRSL retirees, beneficiaries, and survivors calculated on the first $68,396 of their annual retirement benefit. The PBI would be payable on July 1, 2022. Senate Bill 6 now heads to the Governor’s desk for signature. Senate Bill 6 provides that individuals who meet the following criteria on Ju...
Regular Session News #16: RTW bill receives Senate final passage
May 25, 2022
Yesterday, the Senate amended and passed House Bill 1021 (Rep. McFarland, DeVillier, Edmonds, Frieman, Harris, and Romero), which would make several changes to the 2010 Return-to-Work (RTW) Law as well as add new RTW provisions for retirees re-employed as adjunct nursing professors in postsecondary institutions. The amendments were technical in nature. House Bill 1021 proposes to: make permanent changes to K-12 employer advertising and posti...
Regular Session News #15: House Retirement Committee advances RTW bill
May 19, 2022
Today, the House Retirement Committee amended and favorably reported Senate Bill 434 (Sen. Fields), which would make several changes to the 2010 Return-to-Work (RTW) Law as well as add new RTW provisions for retirees re-employed as adjunct nursing professors in postsecondary institutions. The amended Senate Bill 434 mirrors House Bill 1021, which was approved by the Senate earlier this week. Senate Bill 434 next goes to the full House for ...
Regular Session News #14: Benefit increase awaits House final passage; one RTW bill moves forward
May 17, 2022
Yesterday, the House Appropriations Committee favorably reported Senate Bill 6 (Sen. Price), which would authorize a 2% permanent benefit increase (PBI) for eligible TRSL retirees, beneficiaries, and survivors calculated on the first $68,396 of their annual retirement benefit. The PBI would be payable on July 1, 2022. If this legislation is enacted, individuals who meet the following criteria on July 1, 2022, would be granted a 2% mo...