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TX HB4945
Bill
Status
6/20/2025
Primary Sponsor
Trent Ashby
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AI Summary
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Requires the Teacher Retirement System of Texas to conduct a feasibility study on offering alternative service retirement benefits to Texas A&M Forest Service wildland firefighters and related support staff
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Proposes a new "Hazardous Duty" retirement tier allowing eligibility for firefighters at age 55 with 10 years of service, at any age with 25 years of service, or at 20 years with a 5% annual actuarial reduction
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Proposes a "Hazardous Duty-Administrative Support" tier for vested employees who have worked as firefighters or transitioned to support positions after meeting minimum service requirements
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Enhances retirement annuity calculations by adding 0.5% to the standard percentage factor for eligible firefighters, based on the five highest-earning years
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Requires TRS to coordinate with Texas A&M Forest Service beginning March 1, 2026, and submit a report to the legislature by December 31, 2026; the provision expires September 1, 2027
Legislative Description
Relating to a study by the Teacher Retirement System of Texas on the feasibility of offering alternative service retirement benefits to certain members of the retirement system engaged in wildland firefighting or employed in positions related to wildland firefighting.
Retirement Systems
Last Action
Effective immediately
6/20/2025