Bill Text: TX SB2021 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the state contribution to the Teacher Retirement System of Texas.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (N/A - Dead) 2015-03-30 - Referred to State Affairs [SB2021 Detail]
Download: Texas-2015-SB2021-Introduced.html
84R18558 SGA-D | ||
By: Menéndez | S.B. No. 2021 |
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relating to the state contribution to the Teacher Retirement System | ||
of Texas. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 825.404(a), Government Code, is amended | ||
to read as follows: | ||
(a) Except as provided by Subsection (a-1), during each | ||
fiscal year, the state shall contribute to the retirement system an | ||
amount equal to at least seven [ |
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the aggregate annual compensation of all members of the retirement | ||
system during that fiscal year. | ||
SECTION 2. This Act takes effect September 1, 2015. |