The Pension Integrity Project at Reason Foundation has conducted quantitative public pension research in Texas and other states, offering pro-bono technical assistance to officials and stakeholders aiming to improve pension resiliency and advance retirement security for public servants in a financially responsible way. The Pension Integrity Project's work in Texas includes actuarial modeling and technical analysis related to the state's most recent and impactful pension reforms, including 2021's SB 321.
With over a hundred individual public pension systems across the state and local levels, Texas' pension challenges are diverse and, unfortunately, have become very costly for taxpayers. Legislation introduced during the 89th Regular Session reflects some of those challenges, with some meeting the moment while most are in need of amendment. The following guide breaks down some of the most impactful pieces of legislation under consideration in this session and provides policymakers with a guide on the necessary amendments.
52 bills found