Relating to contributions to and benefits under certain fire and police pension funds.
HB 4591 amends Texas law governing fire and police pension funds by requiring board approval for changes to contribution rates, with a qualified actuary verifying that adjustments are financially sound. It specifies that cities or towns may deduct 1% to 6% of firefighter and policeman wages for pension funds, but adjustments outside this range require actuarial approval based on the fund’s financial status. The bill directly affects local pension boards, fire/police departments, and their members by adding a new review step for contribution changes. It does not alter benefit amounts but ensures proposed changes are backed by actuarial analysis before implementation.
Bill status
died
1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 3, 2025
Last action Apr 23, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Apr 3, 2025
Committee
Referred to Pensions, Investments & Financial Services
lower
Apr 3, 2025
Introduced
Read first time
lower
1 primary · 1 co-sponsor
Sponsors
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