85th legislative session: bills that affect the texas ... · 5/30/2017  · updated 5/30/2017 texas...

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85 th LEGISLATIVE SESSION: BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and TEXAS PUBLIC PENSION PLANS Updated 5/30/2017 Texas Municipal Retirement System Page 1 of 33 Bills Amending the TMRS Act Bill No. Author / Sponsor Last Action Companion Bill Summary / Comments Bill Caption/Link to Text HB 3056 Meyer Filed 3/6/2017; Referred to House Pensions 3/21/2017; Passed by Committee as substituted 4/12/2017; Passed House 5/6/2017; Referred to Senate State Affairs 5/9/2017; Passed by Committee 5/18/2017; Sent to the Governor 5/26/2017 HB 3056, as filed would allow a city with a population with less than 200,000 in a county with a population between 2 million and 4 million that administers a retirement plan pursuant to the Texas Local Fire Fighters Retirement Act (TLFFRA) to adopt an ordinance before October 1, 2018 to enroll new fire fighters hired after the effective date of the bill as new employees in TMRS. The most recent version of the bill can be viewed at the provided link. Relating to the participation in the Texas Municipal Retirement System of certain employees of certain municipalities subject to the Texas Local Fire Fighters Retirement Act. http://www.capitol.state.tx.us/BillLookup/History.aspx?L egSess=85R&Bill=HB3056 HB 3670 Lozano Filed 3/9/2017; Procedurally dead HB 3670, as filed, would require that TMRS, for all TMRS retirees, including those that have retired and returned to work after having been retired for at least 8 years and who have returned to work to the city from which they retired, would be required to re-compute their annuity with interest once they re-retire. The bill also requires that the 8-year gap retirees would be entitled to receive their suspended payments, plus accumulated interest so these retirees would receive interest twice. These Relating to the accrual of interest and other payment made to certain retirees who have resume employment within the Texas Municipal Retirement System http://www.capitol.state.tx.us/BillLookup/History.aspx?L egSess=85R&Bill=HB3670

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Page 1: 85th LEGISLATIVE SESSION: BILLS THAT AFFECT THE TEXAS ... · 5/30/2017  · Updated 5/30/2017 Texas Municipal Retirement System Page 1 of 33 Bills Amending the TMRS Act Bill No. Author

85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 1 of 33

Bills Amending the TMRS Act

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

HB

3056

Meyer Filed 3/6/2017;

Referred to

House Pensions

3/21/2017;

Passed by

Committee as

substituted

4/12/2017;

Passed House

5/6/2017;

Referred to

Senate State

Affairs 5/9/2017;

Passed by

Committee

5/18/2017; Sent

to the Governor

5/26/2017

HB 3056, as filed would allow a city with a

population with less than 200,000 in a county

with a population between 2 million and 4

million that administers a retirement plan

pursuant to the Texas Local Fire Fighters

Retirement Act (TLFFRA) to adopt an

ordinance before October 1, 2018 to enroll

new fire fighters hired after the effective date

of the bill as new employees in TMRS.

The most recent version of the bill can be

viewed at the provided link.

Relating to the participation in the Texas Municipal

Retirement System of certain employees of certain

municipalities subject to the Texas Local Fire Fighters

Retirement Act.

http://www.capitol.state.tx.us/BillLookup/History.aspx?L

egSess=85R&Bill=HB3056

HB

3670

Lozano Filed 3/9/2017;

Procedurally

dead

HB 3670, as filed, would require that TMRS,

for all TMRS retirees, including those that

have retired and returned to work after having

been retired for at least 8 years and who have

returned to work to the city from which they

retired, would be required to re-compute their

annuity with interest once they re-retire. The

bill also requires that the 8-year gap retirees

would be entitled to receive their suspended

payments, plus accumulated interest – so these

retirees would receive interest twice. These

Relating to the accrual of interest and other payment made

to certain retirees who have resume employment within

the Texas Municipal Retirement System

http://www.capitol.state.tx.us/BillLookup/History.aspx?L

egSess=85R&Bill=HB3670

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 2 of 33

Bills Amending the TMRS Act

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text changes only affect retirees who re-retire from

their re-employing municipality after the

effective date of the Act.

Same as HB 3100, 84th Session

SB

1752

Bettencourt Filed 3/9/2017;

Referred to State

Affairs

3/23/2017;

Hearing set for

4/24/2017; Left

pending

4/24/2017;

Procedurally

dead

SB 1752, as filed would authorize a home rule

municipality that is the sponsoring authority of

a public retirement system to hold an election

to place newly hired employees into a defined

contribution plan and close their defined

benefit plan. The election would be authorized

if the municipality is presented with a petition

of 10 percent of the number of voters who

voted in the most recent election of the

municipality. Once a defined contribution is

established, employees would not be able to

join a defined benefit plan.

Relating to authorizing certain municipalities to establish

defined contribution plans to provide retirement benefits

to certain employees.

http://www.capitol.state.tx.us/BillLookup/History.aspx?L

egSess=85R&Bill=SB1752

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

HB

89

King Filed

11/14/2016;

Passed House

4/20/2017;

Passed Senate

4/27/2017;

Enrolled

4/27/2017;

SB 29

SB 134

HB 89, as filed proposes the following:

1) That all “Governmental Entities” which

are defined as state agencies and political

subdivisions under Section 2251.001,

Government Code, would be required to

obtain written verification in contracts

from companies with whom they contract

Relating to state contracts with and investments in

companies that boycott Israel.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB89

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 3 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Signed by the

Governor

5/2/2017

that they do not boycott Israel and that

they will not boycott Israel during the term

of the contract.

2) The statewide retirement systems,

including TMRS, and the University of

Texas Investment Management Company

(UTIMCO) and the permanent school fund

(PSF), would be required to divest of any

direct holdings in companies that boycott

Israel. The bill also proposes that these

entities follow a process to encourage fund

managers to divest of indirect holdings in

companies that boycott Israel. The

Comptroller of Public Accounts would be

responsible for providing the list of

companies that boycott Israel.

3) All statewide retirement systems,

including TMRS, UTIMCO, and the PSF

would be required to notify the

Comptroller of companies on the list that

they have direct or indirect holdings and

send a notice to those companies that they

are subject to divestment.

(Affects all statewide retirement systems)

CSHB 89 was adopted with the following

changes:

UTIMCO removed from bill

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 4 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

“Duty of Care” (fiduciary) language

amended into bill, which essentially

eliminates conflict between

constitutional “duty of care”

requirement and allows investments to

occur based on fiduciary responsibility.

HB

265

Hernandez Filed

11/14/2016;

Referred to

Pensions

2/13/2017;

Passed by

Committee

3/27/2017;

Passed House

4/20/2017;

Referred to

Senate State

Affairs 5/3/2017;

Procedurally

Dead

SB 935 HB 265, as filed would modify the

structure of the Board of the Employees

Retirement System to provide that one of

the three elected members of the Board

may be a retiree of the System. (Specific

to ERS)

Relating to the composition of the board of trustees of

the Employees Retirement System of Texas.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB265

HB

737

Shaheen Filed

12/27/2016;

Referred to

Pensions

2/20/2017;

Hearing set

HB 737, as filed proposes to modify the

membership of the board of the Texas

County and District Retirement System to

include three persons who are

representatives of the public. Public

representatives would not be able to be a

Relating to the board of trustees of the Texas County

and District Retirement System.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB737

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 5 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

4/24/2017; Left

pending

4/24/2017;

Procedurally

dead

member or retiree of the system, hold or

have held an elective office, or be or have

been an employee of a governmental

entity. (Specific to TCDRS)

The filed version of HB 737 is similar to

HB 1397 filed in the 84th Regular Session.

HB

1014

Alonzo Filed 1/12/2017;

Referred to

Pensions

3/6/2017; Passed

by Committee

3/27/2017;

Passed House

4/20/2017;

Referred to

Senate State

Affairs 5/3/2017;

Procedurally

Dead

HB 1014, as filed would allow the elected

class members of the Board of the

Employees Retirement System to be either

a member or a retiree, but only one elected

Board member may be a retiree. (Specific

to ERS)

Relating to the composition of the board of trustees of

the Employees Retirement System of Texas.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=HB1014

HB

1119

Fallon Filed

1/18/2016;

Referred to

Pensions

2/22/2017; left

pending

4/10/2017;

HB 1119, as filed would require that for

an ERS member, all of whose service time

was as a Legislator, their standard service

retirement annuity would be an amount

equal to (# of years) x (2% x $140,000).

(Specific to ERS)

Relating to the standard service retirement annuity for

certain members of the elected class of the Employees

Retirement System of Texas.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB1119

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 6 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Procedurally

Dead

HB

1142

S. Davis Filed 1/19/2017;

Referred to State

Affairs

3/13/2017;

Passed by

Committee

3/29/2017; Set on

House Calendar

5/4/2017;

Postponed to

5/8/2017; Laid

on Table Subject

to call 5/8/2017;

See SB 252.

Procedurally

Dead

SB 252

(Identical)

HB 1142, as filed would prohibit

governmental entities, as defined by

Section 2252.001 of the Government

Code, from entering into contracts with

companies engaged in business with Iran,

Sudan or foreign terrorist organizations.

The Comptroller of Public Accounts is

already required to prepare lists of

companies that do business with Sudan

and the Pension Review Board prepares a

similar list for Iran. Under this bill, the

Comptroller would take over the PRB’s

list preparation duties and would be

required to prepare and make available a

list of companies known to have contracts

with or provide supplies and services to

Sudan, Iran or a foreign terrorist

organization. The requirements of the Act

would only apply to contracts or purchases

made by governmental entities after the

effective date of the Act.

Relating to prohibiting governmental contracts with a

company doing business with Iran, Sudan, or a foreign

terrorist organization.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB1142

HB

1143

S. Davis Filed

1/19/2017;

Referred to State

Affairs

3/13/2017;

Passed by

SB 253

(Identical)

HB 1143, as filed would combine the

existing Sudan Divestiture statutory

requirements (Chapter 806, Government

Code) and Iran Divestiture statutory

requirements (Chapter 807, Government

Code) and add new divestiture provisions

Relating to investment prohibitions and divestment

requirements for certain investments of public money.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB1143

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 7 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Committee as

substituted

4/25/2017; Laid

on table subject

to call 5/8/2017;

See SB 253

Procedurally

Dead

regarding “foreign terrorist organizations”

into a single new chapter (Chapter 2270,

Government Code). The bill also changes

the scope of the entities that are covered by

the divestiture provisions.

(Affects all statewide retirement systems)

HB

1163

Alonzo Filed 1/19/2017;

Referred to

Pensions

2/21/2017;

withdrawn

3/13/2017;

hearing set

4/24/2017; left

pending

4/24/2017;

Procedurally

dead

SB 1366

(Identical)

HB 1163, as filed would address

participation, membership and funding of

benefits for certain law enforcement,

custodial and other peace officers that

participate in the Employees Retirement

System and the Teacher Retirement

System .

Relating to eligibility for membership and funding of

benefits for certain law enforcement, custodial, and

other peace officers.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB1163

HB

1902

Sanford Filed 2/14/2017;

Referred to State

Affairs

3/14/2017;

Procedurally

dead

HB 1902, as filed would restrict ERS and

TRS from directly or indirectly investing

in companies that donate money or

property directly to Planned Parenthood.

The bill would require the Pension Review

Board to develop a scrutinized list of

companies from publicly available

information from the state, nonprofit

Relating to prohibiting the investment of certain

retirement system funds in publicly traded business

entities that donate to Planned Parenthood.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB1902

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 8 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

organizations, research firms, international

organizations, and government entities.

The scrutinized list would be updated at

least annually but not more than quarterly.

HB

2414

Fallon Filed 2/24/2017;

Referred to

Pensions

3/22/2017; left

pending

4/10/2017;

Procedurally

dead

SB 930 HB 2414, as filed would not allow the

Employees Retirement System (ERS) to

withhold from disclosure the name and

amount of a person who was a member of

the Texas Legislature and receives and

service retirement annuity from ERS. The

bill specifies that this requirement would

only apply to request for information

received by ERS on or after the effective

date of the Act.

Relating to the non-confidential status of certain state

pension information.

http://www.legis.state.tx.us/BillLookup/History.aspx?L

egSess=85R&Bill=HB2414

HB

2459

Flynn Filed 2/27/2017;

referred to

Pensions

3/21/2017;

Passed as

substituted

4/12/2017; Laid

out in lieu of

companion

4/27/2017;

(See SB 301)

SB 301

(Identical)

HB 2459, as filed would reauthorize the

Employees Retirement System until 2029

and would require a sunset review every

12 years thereafter. Some of the proposed

changes to ERS’ govern statute include:

requiring trustees to receive a certain

amount of training after their

appointment before they can vote,

deliberate, or be counted as a member in

attendance at a meeting;

require the board to develop a policy to

encourage the use of negotiated

rulemaking and alternative dispute

Relating to the operations and functions of the

Employees Retirement System of Texas and the sunset

review date for, financial management of, and

programs administered by the agency.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB2459

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 9 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Procedurally

dead

resolution,

adopt mortality tables at least once

every four years,

conduct an actuarial experience study at

least once every four years, instead of

every five years,

track and report any sharing of

investment profits with a private

professional investment manager, and

require the Board to approve

investments in any alternative

investments over $100 million.

The adopted committee substitute is

available as the provided link.

HB

2742

Bonnen,

G.

Filed 3/2/2017;

Referred to

General Invest &

Ethics 3/28/2017;

Procedurally

dead

SB 456

(Identical)

HB 2742, as filed, would entitle the

member of the Texas Legislature, Lt.

Governor, a committee of the legislature,

or a legislative agency is entitled to access

for legislative purposes all governmental

information maintained by any

governmental body, including confidential

information. The bill, as filed, only affects

the Employee Retirement System of

Texas.

Relating to the right of members of the legislature, the

lieutenant governor, committees of the legislature, and

legislative agencies to access certain governmental

information for legislative purposes; creating a

criminal offense.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB2742

HB

3380

Fallon Filed 3/8/2017;

Referred to

General Invest &

HB 3380, as filed would require the

Employees Retirement System of Texas to

suspend the annuity of any former of the

Relating to the suspension of annuity payments for

certain former legislators engaged in lobbying

activities.

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 10 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Ethics 3/31/2017;

Procedurally

dead

legislature that retired and engages in

lobbying activities that require registration

under Chapter 305, Government Code.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB3380

SB

29

Creighton

Campbell

Hall

Huffines

Filed 2/22/2017;

Referred to

Business &

Commerce

2/27/2017;

Passed by

committee

3/15/2017;

Passed Senate

3/22/2017;

Referred to State

Affairs

4/18/2017;

Procedurally

dead

HB 89

(Identical)

SB 134

(Duplicate)

SB 29, as filed, would require the

retirement systems to divest from

companies that boycott Israel. The process

of divestiture would be similar to that of

the Iran divestiture process that is currently

required of the statewide retirement

systems.

Relating to state contracts with and investments in

companies that boycott Israel.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=SB29

SB

134

Creighton Filed

11/14/2016;

referred Business

& Commerce

1/25/17;

Procedurally

dead

HB 89

(Identical)

SB 29

(Duplicate)

SB 134, as filed is identical to the filed

version of HB 89.

See HB 89 bill summary.

Relating to state contracts with and investments in

companies that boycott Israel.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=SB134

SB

252

V. Taylor Filed

11/22/2016;

HB 1142

(Identical)

SB 252, as filed is identical to the filed

version of HB 1142.

Relating to prohibiting governmental contracts with a

company doing business with Iran, Sudan, or a foreign

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 11 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

referred to

Business &

Commerce

1/30/2017;

Passed by

Committee

3/29/2017;

Passed Senate

4/3/2017;

Received in

House 4/4/2017;

Referred to State

Affairs 5/1/2017;

Passed House as

amended

5/9/2017;

Signed by the

Governor

5/27/2017

See HB 1142 bill summary.

terrorist organization.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SB252

SB

253

V. Taylor Filed

11/22/2016;

referred to

Business &

Commerce

1/30/2107;

Passed by

Committee as

substituted;

4/18/2017;

HB 1143

(Identical)

SB 253, as filed is identical to the filed

version of HB 1143.

See HB 1143 for bill summary.

The adopted committee substitute can be

viewed at the provided link.

Relating to investment prohibitions and divestment

requirements for certain investments of public money.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SB253

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 12 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Passed Senate

4/19/2017;

Referred to

House State

Affairs 5/1/2017;

Passed House

5/9/2017; Signed

by the Governor

5/23/2017

SB

301

Watson Filed 2/24/2017;

Referred to State

Affairs

2/27/2017;

Passed by

Committee as

substituted

3/29/2017;

Passed Senate on

4/4/2017;

Passed by

Committee

4/24/2017;

Substituted for

Companion on

floor and passed

House

4/28/2018;

House passage as

amended

HB 2459

(Identical)

SB 301, as filed is identical to the filed

version of HB 2459.

See HB 2459 for bill summary.

The adopted committee substitute can be

viewed at the provided link.

Relating to the operations and functions of the

Employees Retirement System of Texas and the sunset

review date for, financial management of, and

programs administered by the agency.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=SB301

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TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

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Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

5/1/2017; Sent to

the Governor

5/30/2017

SB

456

Taylor, V. Filed 1/11/2017;

Referred to

Business &

Commerce

2/6/2017;

Procedurally

dead

HB 2742

(Identical)

SB 456, as filed is identical to the filed version

of HB 2742.

See HB 2742 for bill summary.

Relating to the right of members of the legislature, the

lieutenant governor, committees of the legislature, and

legislative agencies to access certain governmental

information for legislative purposes; creating a

criminal offense.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=SB456

SB

509

Huffman Filed 1/17/2017;

Referred to State

Affairs 2/6/2017;

Passed from

Committee as

substituted

3/22/2017;

Passed Senate

4/10/2017;

Received in

House

4/11/2017;

Referred to

Pensions

5/8/2017;

Hearing set

5/16/2017;

Passed by

SB 509, as filed would amend Chapter 802

of the Texas Government Code to require a

public retirement system (system) to select

an independent firm to evaluate the

system’s investment practices and

performance. The evaluation must be

conducted every two years for systems

with assets over $100 million and every

five years for systems with assets under

$100 million. The evaluation must be filed

with the governing body of the system not

later than December 1 of each year the

system is evaluated. The bill would also

require an annual investment report be

submitted to the governing body of the

system not later than the 45th day after the

first day of the system’s fiscal year. The

report must include a listing of

Relating to the evaluation of investment practices and

performance of certain public retirement systems.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=SB509

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Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Committee

5/17/2017;

Procedurally

dead

commissions and fees and a copy of the

most recent evaluation. Also, not later

than February 1 of each year, the Board of

each system is required to submit a

comprehensive investment report to the

Governor, Lt. Governor, Speaker of the

House, and legislative committees having

principal jurisdiction over the systems.

The filed version of the bill excludes the

state retirement systems.

The adopted committee substitute made

certain changes that can be viewed at the

provided link.

SB

930

V. Taylor Filed 2/16/2017;

Referred to

Business &

Commerce

3/1/2017;

Procedurally

dead

HB 2414

(Identical)

SB 930, as filed is identical to the filed

version of HB 2414.

See HB 2414 for bill summary.

Relating to the nonconfidential status of certain state

pension information.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SB930

SB

935

Hughes Filed 2/16/2017;

Referred to State

Affairs 3/1/2017;

Procedurally

dead

HB 265

(Identical)

SB 935, as filed is identical to the filed

version of HB 265.

See HB 265 for bill summary.

Relating to the composition of the board of trustees of

the Employees Retirement System of Texas.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=SB935

SB Menendez Filed 3/6/2017; HB 1163 SB 1366, as filed is identical to HB 1163. Relating to eligibility for membership and funding of

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Texas Municipal Retirement System Page 15 of 33

Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

1366 Referred to State

Affairs

3/16/2017;

Procedurally

dead

(Identical)

See HB 1163 for bill summary.

benefits for certain law enforcement, custodial, and

other peace officers.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SB1366

SB

1750

Bettencourt Filed 3/9/2017;

Referred to State

Affairs

3/23/2017;

Procedurally

dead

SB 1750, as filed would require that the

Pension Review Board (PRB) contract

with a nationally recognized actuarial firm

to conduct a comprehensive study to

compare the cost-effectiveness and

feasibility of creating and implementing a

hybrid retirement plan for newly hired

state employees and teachers and to

evaluate the experiences of other

municipalities and states that have

implemented a hybrid plan. The PRB

would be required to submit a report to the

legislature by September 1, 2018.

Relating to a study of the cost effectiveness and

feasibility of implementing a hybrid retirement plan for

newly hired state employees and teachers.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SB1750

SB

1751

Bettencourt Filed 3/9/2017;

Referred to State

Affairs

3/23/2017;

SB 1751, as filed would allow the Board of

Trustees of the Employees Retirement

System and the Teacher Retirement

System to promulgate rules that would

allow them to establish and administer a

hybrid or defined contribution plan to

provide benefits to new employees, in

place of their current defined benefit plan.

Relating to authorizing the Employees Retirement

System of Texas and the Teacher Retirement System

of Texas to establish defined contribution plans or

hybrid retirement plans to provide retirement benefits

to certain employees.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SB1751

SJR Birdwell Filed 1/25/2017; SJR 34, as filed would modify the duration Proposing constitutional amendment limiting the

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Bills Affecting Texas’ Statewide Retirement Systems

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

34 Referred to State

Affairs

2/13/2017;

Passed by

Committee as

substituted

4/18/2017;

Passed Senate

4/20/2017;

Received in

House

4/20/2017;

Referred to State

Affairs 5/9/2017;

Passed by

Committee

5/16/2017;

Passed House

5/23/2017;

Signed in Senate

5/24/2017;

Signed in House

5/24/2017; Filed

with Secretary

of State

5/25/2017 Election date

11/07/2017

of the terms of gubernatorial appointees to

boards and commissions, The bill

proposes that an appointee will continue to

serve in their appointed position until their

successor is duly qualified, with the

following qualifications:

if an appointee’s term expires when the

legislature is not in session, they would

perform their duties until the end of the

next regular session, and

if their term expires while the

legislature is in session, they would

continue to perform their duties until

the end of that session.

The adopted committee substitute can be

viewed at the provided link.

service of certain officeholders after the expiration of

the person's term of office.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SJR34

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Texas Municipal Retirement System Page 17 of 33

Bills Affecting All Public Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

HB

500

Geren Filed 1/25/2017;

Referred to

General

Investigating &

Ethics 2/16/2017;

Passed by

committee as

substituted

3/30/2017; Sent

to Calendars

4/11/2017;

Placed on

Emergency

Calendar

5/2/2017;

Postponed until

5/4/2017; Laid

on table subject

to call 5/8/2017;

Postponed on

third reading

until 5/14/2017;

(See SB 500)

Procedurally

dead

SB 500

(Identical)

HB 1273

(Duplicate)

HB 500, as filed would modify Chapter

601 and Chapter 810 of the Government

Code to suspend the annuity payments of a

member of a retirement system who is

convicted of a qualifying felony committed

while in office and directly arising from

the official duties of that elected office.

The adopted committee substitute can be

viewed at the provided link.

Relating to the effect of certain felony convictions of

public elected officers.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB500

HB

632

Fallon Filed

12/16/2016;

referred to

HB 632, as filed would limit the amount of

service retirement annuities for persons

who become members of Texas’ public

Relating to the maximum service retirement annuity

for members of public retirement systems.

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Bills Affecting All Public Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Pensions

2/22/2017; left

pending

3/13/2017;

Procedurally

dead

retirement systems after September 1,

2017 to the lesser of the basic pay of a

member of the United States armed forces

on active duty at the highest salary for pay

grade 0-10 as defined by 37 U.S.C. section

201(a) (which is now $15,583.20 per

month) or the annual rate of basic pay for a

position under level II of the Executive

Schedule (5 USC Section 5313) (which is

now $15,583.33 per month).

Identical to CSHB 3182 (as adopted by

Pensions Committee from 84th Session).

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB632

HB

1273

Geren Filed 1/25/2017;

Referred to

General

Investigating &

Ethics 2/23/2017;

Procedurally

dead

SB 500

(Identical)

HB 500

(Duplicate)

HB 1273, as filed would modify Chapter

601 and Chapter 810 of the Government

Code to suspend the annuity payments of a

member of a retirement system who is

convicted of a qualifying felony committed

while in office and directly arising from

the official duties of that elected office.

Identical to HB 500 and SB 500.

Relating to the effect of certain felony convictions of

public elected officers.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB1273

HB

1283

Geren Filed 1/25/2017;

Referred to

General

Investigating &

Ethics 3/22/2017;

Procedurally

SB 14

(Identical)

HB 1283, as filed is identical to the filed

version of SB 14.

See SB 14 for bill summary.

Relating to the ethics of public officers and related

requirements; creating criminal offenses.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB1283

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Bills Affecting All Public Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

dead

HB

1359

White Filed 1/30/2017;

Referred to

House Culture,

Recreation &

Tourism

3/22/2017;

Passed by

Committee as

substituted

4/18/2017; Sent

to Calendars

4/24/2017;

General State

Calendar

5/11/2017;

Procedurally

dead

HB 1359, as filed would require the public

retirement systems to suspend the annuity

of any persons who held an elected or

appointed office or that was employed or is

employed covered by a public retirement

system if they are convicted of removing,

relocating or altering a permanent

monument or memorial.

The adopted committee substitute can be

viewed at the provided link.

Relating to monuments and memorials for Texas

heroes and penalties for unauthorized removal,

relocation, or alteration of a monument or memorial;

creating a criminal offense.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB1359

HB

1416

Stephenson Filed 2/1/2017;

Referred to

Pensions

2/28/2017;

Passed by

Committee

4/24/2017; Sent

to Calendars

4/27/2017;

HB 1416, as filed would allow a retirement

system to voluntarily conduct a study to

evaluate the cost effectiveness and

feasibility of implementing a pension

revenue enhancement strategy that would

provide an additional funding source to

address system liabilities. The proposed

strategy is for a system to purchase a life

insurance policy for each employee, with

Relating to authorizing public retirement systems to

study the cost-effectiveness and feasibility of

implementing certain pension revenue enhancement

strategies.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB1416

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Bills Affecting All Public Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Set on House

Calendar on

5/11/2017;

Procedurally

dead

their consent, that upon their death the

proceeds of which would be paid into

assets of the system. Each system that

chooses to perform a study must provide a

written report to the legislature and the

appropriate oversight committees in the

Texas House and Senate. The Act expires

on December 31, 2018.

HB

1746

Meyer Filed 2/10/2017;

Referred to

General

Investigating &

Ethics 3/9/2016;

Procedurally

dead

Similar to

SB 500,

HB 500,

and Article

1of SB 14

HB 1746, as filed proposes to make

employees and annuitants in Texas’ public

retirement systems who held elected office

ineligible for a full retirement annuity if

convicted of certain offenses.

Identical to SB 110 as filed in the 84th

Legislative Session.

Relating to the eligibility for service retirement

annuities from a public retirement system of public

officers or employees convicted of certain offenses.

http://www.legis.state.tx.us/BillLookup/History.aspx?L

egSess=85R&Bill=HB1746

HB

2353

King, T. Filed 2/23/2017;

Referred to

Pensions

3/16/2017; left

pending

4/10/2017;

Procedurally

dead

HB 2353, as filed proposes to amend

Chapter 801, Government Code to expand

the membership of the Pension Review

Board to nine members from seven. One

member would be selected from a list of

three names submitted to the governor by

the Texas State Association of Fire

Fighters and the other member would be

selected from a list of three names

submitted by the Texas Municipal Police

Association and three names submitted by

Relating to the composition of the State Pension

Review Board.

http://www.legis.state.tx.us/BillLookup/Text.aspx?Leg

Sess=85R&Bill=HB2353

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Texas Municipal Retirement System Page 21 of 33

Bills Affecting All Public Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

the Combined Law Enforcement

Association of Texas.

HB

3601

Alonzo Filed 3/9/2017;

Referred to

Pensions

3/30/2017; left

pending

4/24/2017;

Procedurally

dead

HB 3601, as filed would create the “Secure

Retirement Plan” in the State of Texas.

This plan allows the state to administer a

retirement plan, administered by the state,

on behalf of the private sector employees.

Relating to the creation of a state-administered

retirement plan.

http://www.legis.state.tx.us/BillLookup/History.aspx?L

egSess=85R&Bill=HB3601

HJR

85

Flynn Filed 2/27/2017;

Referred to

Appropria-

tions 3/20/2017;

Procedurally

dead

SJR 43

HJR 85, as filed proposes a constitutional

amendment to Art. 16, Section 67 to add a

new subsection (c-1), which expressly

provides that the state is not liable for, and

may not appropriate money to pay for, any

debts or obligations “of a retirement

system described by Subsection (c)” which

includes any local plans authorized by the

state, including benefits provided through

a voluntary statewide retirement system for

municipalities, counties and other political

subdivisions.

Proposing a constitutional amendment prohibiting the

use of state funds to pay for the obligations of a local

public retirement system.

http://www.legis.state.tx.us/BillLookup/History.aspx?L

egSess=85R&Bill=HJR85

SB 14 Taylor Filed 1/25/2017;

referred State

Affairs

1/25/2017;

HB 1283 SB 14, as filed would modify Chapter 601

and Chapter 810 of the Government Code

to suspend the annuity payments of a

member of a retirement system who is

Relating to the ethics of public officers and related

requirements; creating criminal offenses.

http://www.capitol.state.tx.us/BillLookup/History.aspx

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Texas Municipal Retirement System Page 22 of 33

Bills Affecting All Public Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Passed by

Committee

2/6/2017;

Passed Senate

2/7/2017;

Received in

House 2/8/2017;

Referred to

General

Investigating &

Ethics 5/15/2017;

Procedurally

dead

convicted of a qualifying felony committed

while in office and directly arising from

the official duties of that elected office.

SB 14 also amends reporting requirements

for appointed and elected state officials.

Eleven amendments were adopted on the

floor. Filed amendment No. 11 requires

the judge overseeing the trial of an elected

official to make an affirmative finding of

fact that the person convicted was a holder

of an elected office for which the

defendant participated in a retirement

system. The judge is then required to

notify the retirement system. Within 30

days after receiving notice, the

governmental entity to which the person

was elected or appointed must provide

written notice of the conviction to the

retirement system.

?LegSess=85R&Bill=SB14

SB

500

Taylor Filed 1/25/2017;

Passed Senate

State Affairs

Committee

2/6/2017; Passed

Senate 2/8/2017;

Referred to

House General

Investigating &

HB 500

(Identical)

HB 1273

(Duplicate)

SB 500, as filed would modify Chapter

601 and Chapter 810 of the Government

Code to suspend the annuity payments of a

member of a retirement system who is

convicted of a qualifying felony committed

while in office and directly arising from

the official duties of that elected office.

Identical to HB 500 and Article I in HB

Relating to the effect of certain felony convictions of

public elected officers.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SB500

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Bills Affecting All Public Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Ethics 3/7/2017;

Passed by

Committee

5/4/2017; Passed

House as

amended

5/15/2017;

Returned to

Senate with

amendments

5/16/2017;

Senate concurred

on House

amendments

5/22/2017; Sent

to the Governor

5/24/2017;

1273 and SB 14, as filed.

SB

936

Huffman Filed 2/16/2017;

Referred to State

Affairs 3/1/2017;

Passed by

Committee

3/21/2017; Passed

Senate 4/3/2017;

Received in House

4/4/2017; Referred

to Pensions

5/11/2017; hearing

set 5/16/2017;

Passed by

SB 936, as filed would create a Joint

interim committee composed of three

senators appointed by the Lt. Governor and

three house members appointed by the

Speaker of the House to study types of

retirement plans as alternatives to the

current defined benefit plans. The

Committee shall report their findings no

later than January 15, 2019.

Relating to the creation of a joint interim committee to

undertake a study of the public retirement systems of

this state.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SB5936

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Bills Affecting All Public Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text Committee

5/17/2017;

Procedurally

dead

SB

1344

Taylor, V. Filed 3/6/2017;

Referred to State

Affairs

3/14/2017;

Procedurally

dead

SB 1344, as filed would require all

retirement systems to report investment

income earned from an investment

instrument in the year in which the income

is earned and not allow retirement systems

to report investment income, including

interest, dividends, capital gains, or other

income earned from an investment

instrument in a single year if the

investment instrument is held for a period

beyond that single year.

In addition, local retirement systems would

be required to select an independent firm

to evaluate the system’s practices and

performance at least once every four years.

The evaluation is required to be filed with

the Pension Review Board and include all

commissions and fees paid by the systems

during the reporting period for the sale,

purchase or management of assets.

Relating to reporting on investments by certain

retirement systems.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=SB1344

SB

1735

Hughes Filed

3/9/2017;

Referred to State

SB 1735, as filed proposes to repeal a

number of obsolete and outdated pension-

related statutes.

Relating to the repeal of certain obsolete laws

governing state pensions and other similar benefits.

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Bills Affecting All Public Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Affairs

3/23/2017;

Passed by

Committee

4/4/2017; Passed

Senate

4/19/2017;

Received in

House

4/20/2017;

Referred to

Pensions

5/5/2017; Passed

by Committee

5/16/2017; Sent

to the Governor

5/27/2017

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=SB1735

SB

2009

V. Taylor Filed

3/10/2017;

referred to State

Affairs

3/23/2017;

Procedurally

dead

SB 2009, as filed would require retirement

systems to perform a supplemental

actuarial valuation using specific

benchmarks and metrics. The Pension

Review Board would be required to

compile the report each year and report to

the Governor, Lt. Governor and Speaker of

the House of Representatives and members

of the legislature.

Relating to requiring a supplemental actuarial analysis

by certain public retirement systems. http://www.capitol.state.tx.us/BillLookup/Text.aspx?LegSess=85R&Bill=SB2009

SJR

43

Huffman Filed 2/27/2017;

referred to State

Affairs 3/7/2017;

HJR 85 SJR 43, as filed is identical to the filed

version of HJR 85.

Proposing a constitutional amendment prohibiting the

use of state funds to pay for the obligations of a local

public retirement system.

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LEGISLATIVE SESSION:

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TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 26 of 33

Bills Affecting All Public Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

Passed by

Committee

3/21/2017;

Passed Senate

4/20/2017;

Received in

House

4/20/2017;

Referred to

Appropriations

5/9/2017;

Procedurally

dead

See HJR for bill summary.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SJR 43

Bills Affecting Local Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

HB 43 Flynn Filed

11/14/2016;

referred to

Pensions

2/13/2017;

Passed by

Committee as

substituted

4/5/2017; sent to

Calendars

Identical to

HB 4238

HB 43, as filed would amend the

governing statutes of the Houston

Firefighters’ Relief and Retirement Fund,

the Houston Police Officer’s Pension

System, and the Houston Municipal

Employees Pensions System.

Changes proposed to the plans include:

Not allowing changes to be made to

Relating to the public retirement systems of certain

municipalities.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=HB43

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LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 27 of 33

Bills Affecting Local Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

4/17/2017;

General State

Calendar

5/6/2017; Laid

on table subject

to call 5/8/2017;

(See SB 2190)

Procedurally

dead

any of the plans that would cause their

amortization period to exceed 30

years.

Setting the maximum amortization

period of 30 years.

Providing their respective boards with

rule making authority over the DROP

programs.

An additional change to the police and

municipal plans clarifies the use of a 13th

check.

The adopted committee substitute can be

viewed at the provided link.

HB

1502

Murphy Filed 2/2/2017;

Referred to

Pensions

3/9/2017;

Procedurally

dead

HB 1502, as filed would allow a

municipality that is a sponsoring authority

of a public retirement system to adopt a

resolution or ordinance with provisions

that supplement or supersede the operative

provisions of the system’s statutes relating

to the benefits, participation, eligibility

requirements, funding source or amount,

and the administration of the system. This

authority only applies to:

The Austin Fire, Police and Municipal

retirement systems;

The Dallas Police and Fire Pension

System;

Relating to certain local public retirement systems.

http://www.legis.state.tx.us/BillLookup/History.aspx?L

egSess=85R&Bill=HB1502

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LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 28 of 33

Bills Affecting Local Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

The El Paso Firemen and Policemen

Pension System;

The Fort Worth Employee’s

Retirement Fund,

The Houston Firefighters, Municipal,

and Police Officers systems, and

The San Antonio Fire and Police

Pension Fund.

Any agreement by the municipality and the

system entered into before September 1,

2017 remains in effect until the earlier of

the expiration of the agreement or August

31, 2017. If a there is a conflict between

the statute and resolution or ordinance

before the effective date of the bill, the

resolution or ordinance prevails.

HB

2434

Flynn Filed 2/27/2017;

Referred to

Pensions

3/22/2017;

Passed by

Committee as

substituted

5/1/2017; Sent to

Calendars

5/5/2017;

Procedurally

HB 2434, as filed would require local

retirement systems that have not developed

a funding soundness restoration plan under

Sections 802.2015 and 802.2016,

Government Code and that have an

amortization period of more than 30 years,

to create a restoration plan. They would

also be required to suspend all pay and

salary increases, be precluded from issuing

a bond or other obligation, increase

contribution rates and discontinue the cost

of living adjustments.

Relating to requiring certain public retirement systems

to adopt a funding plan to achieve actuarial soundness.

http://www.legis.state.tx.us/BillLookup/History.aspx?L

egSess=85R&Bill=HB2434

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LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 29 of 33

Bills Affecting Local Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

dead

HB

3158

Flynn Filed 3/7/2017;

Referred to

Pensions

3/15/2017;

Passed by

Committee as

substituted

4/12/2017;

Passed House

5/3/2017;

Received in

Senate 5/5/2017;

Referred to State

Affairs 5/9/2017;

Passed by

Committee as

substituted

5/18/2017;

Passed Senate as

amended

5/23/2017;

House Concurred

on Senate

Amendments

5/25/2017;

Enrolled

5/28/2017;

HB 3158, as filed, would help alleviate the

issues being experienced by the Dallas

Police & Fire Retirement Systems.

The adopted committee substitute can be

viewed at the provided link.

Relating to the retirement systems for and the provision

of other benefits to police and fire fighters in certain

municipalities.

http://www.legis.state.tx.us/BillLookup/History.aspx?L

egSess=85R&Bill=HB3158

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LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 30 of 33

Bills Affecting Local Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

HB

4232

Moody Filed 3/10/2017;

Referred to

Pensions

4/3/2017;

Procedurally

dead

HB 4232, as filed would require the

governmental entity that sponsors a local

public retirement system to pay the

recommended contribution rate prescribed

by the system’s actuary if the system’s

funded ratio is below 85 percent.

Relating to the amount of the employer contribution

rate for certain public retirement systems; authorizing a

penalty.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=HB4232

HB

4238

Flynn Filed 3/10/2017;

Referred to

Pensions

4/3/2017;

Procedurally

dead

HB 43

(Identical)

HB 4328, as filed would amend the

governing statutes of the Houston

Firefighters’ Relief and Retirement Fund,

the Houston Police Officer’s Pension

System, the Houston Municipal Employees

Pensions System.

Changes proposed to the plans include:

Not allowing changes to be made to

any of the plans that would cause their

amortization period to exceed 30

years.

Setting the maximum amortization

period of 30 years.

Providing their respective boards with

rule making authority over the DROP

programs.

An additional change to the police and

municipal plan clarifies the use of a 13th

check.

Relating to the public retirement systems of certain

municipalities.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=HB4238

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 31 of 33

Bills Affecting Local Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

SB

151

Bettencourt Filed 3/10/2017;

Referred to State

Affairs

1/25/2017;

Passed by

Committee

3/21/2017;

Passed Senate

4/3/2017;

Received in

House 4/3/2017;

Referred to

Pensions

5/8/2017;

Hearing set

5/16/2017; left

pending

5/16/2017

Procedurally

dead

SB 151, as filed would require voter

approval in order for a municipality to

issue a pension obligation bond.

Relating to voter approval of obligations for certain

municipal liabilities to a public pension fund.

http://www.legis.state.tx.us/BillLookup/Text.aspx?Leg

Sess=85R&Bill=SB151

SB

152

Bettencourt Filed 11/14/2016

Referred to State

Affairs

Procedurally

dead

SB 152, as filed would allow a city that

sponsors a public retirement system

created in state statute (but is not part of a

statewide public retirement system) to pass

an ordinance or resolution that would

supersede the provisions in state law

governing the system. Any change would

affect individuals that become members of

the system after 12/31/17. Provisions that

Relating to municipal control of certain public

retirement systems established for the benefit of

municipal employees.

http://www.capitol.state.tx.us/BillLookup/History.aspx

?LegSess=85R&Bill=SB152

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LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 32 of 33

Bills Affecting Local Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

could be adopted include changing from a

defined benefit to a defined contribution

plan; changing benefits, participation, or

eligibility requirements; changing the

source or amount of funding; or changing

administration of the system. The

statewide retirement systems are exempt

from this version of the bill.

SB

2190

Huffman Filed 3/10/2017;

Referred to

Senate State

Affairs

3/13/2017;

Passed by

Committee as

substituted

3/20/2017;

Passed Senate

5/1/2017;

Received in

House 5/2/2017;

Passed by

Pensions

Committee

5/5/2017; Passed

in place of HB 43

5/8/2017; Sent to

the Governor

5/26/2017

Similar to

HB 43 and

HB 4238

SB 2190, as filed would amend the

governing statutes of the Houston

Firefighters’ Relief and Retirement Fund,

the Houston Police Officer’s Pension

System, the Houston Municipal Employees

Pensions System.

Changes proposed to the plans include:

Not allowing changes to be made to

any of the plans that would cause their

amortization period to exceed 30

years.

Setting the maximum amortization

period of 30 years.

Providing their respective boards with

rule making authority over the DROP

programs.

An additional change to the police and

municipal plan clarifies the use of a 13th

check.

Relating to the public retirement systems of certain

municipalities.

http://www.capitol.state.tx.us/BillLookup/Text.aspx?L

egSess=85R&Bill=SB2190

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85th

LEGISLATIVE SESSION:

BILLS THAT AFFECT THE TEXAS MUNICIPAL RETIREMENT SYSTEM and

TEXAS PUBLIC PENSION PLANS Updated 5/30/2017

Texas Municipal Retirement System Page 33 of 33

Bills Affecting Local Employee Retirement Systems (PERS)

Bill

No.

Author /

Sponsor

Last Action

Companion

Bill Summary / Comments

Bill Caption/Link to Text

The adopted committee substitute can be

viewed at the provided link.