Relating to the public retirement systems for employees of certain municipalities.
SB 2162 amends definitions in Texas law governing public retirement systems for municipal firefighters. It establishes clear terms like "city contribution rate," "actuarial accrued liability," and "funded ratio" to standardize how retirement fund calculations are performed. The bill directly affects city governments and firefighters' retirement funds by defining the framework for determining annual funding requirements and liability assessments. This is a procedural amendment focused solely on clarifying terminology for existing retirement system calculations, with no new benefits or funding changes.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 10, 2025
Last action Mar 24, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Mar 24, 2025
Committee
Referred to Finance
upper
Mar 24, 2025
Introduced
Read first time
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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