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TX HB3221
Bill
Status
5/13/2025
Primary Sponsor
Carl Tepper
Click for details
AI Summary
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Expands employer contribution requirements to the Teacher Retirement System (TRS) to cover all members described under Section 825.405(a)(1), (2), or (3), removing the previous limitation that only applied to members entitled to minimum salary schedules for school personnel
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Requires employers to make monthly contributions to TRS in addition to standard contributions under Section 825.405, with contribution rates ranging from 1.5% of statutory minimum salary (phased in from September 2014) with potential reductions based on state contribution rate fluctuations
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Implementation is contingent on the TRS board of trustees determining that the legislature appropriated sufficient funds to cover any increase in unfunded actuarial liabilities caused by the changes
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Applies beginning with the 2025-2026 school year
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Takes effect immediately with a two-thirds vote of both chambers, otherwise September 1, 2025
Legislative Description
Relating to certain employer contributions to the Teacher Retirement System of Texas.
Retirement Systems
Last Action
Referred to Finance
5/14/2025