Relating to providing a one-time supplemental payment and a cost-of-living adjustment applicable to certain benefits paid by the Teacher Retirement System of Texas.

HB 5191 creates a one-time cost-of-living adjustment payable in January 2026 to specific retirees and beneficiaries of the Teacher Retirement System of Texas. It directly affects those who retired or whose members died between August 31, 2020, and December 31, 2024, and who are living on the adjustment date. The bill excludes fixed-amount benefits, such as those for retirees with less than 10 years of service or certain survivor payments. Eligible recipients include standard retirement annuitants, optional plan beneficiaries, and alternate payees meeting the date criteria. The adjustment applies only to benefits not covered under specific fixed-amount provisions in the law.