Relating to types of benefits offered by the retirement system.

SB 2865 amends Texas Government Code Section 824.001 to clarify the types of retirement benefits payable by state retirement systems. It formally adds a fourth category - “benefits approved by the board” - to the existing list of service, disability, and death benefits. The bill does not create new benefits or change eligibility; it simply updates the statutory framework to allow retirement boards to approve additional benefit types. The change takes effect immediately if passed with a two-thirds vote, or September 1, 2025, otherwise.