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AI Summary: The bill pertains to adjusting the cost-of-living for specific benefits provided by the Teacher Retirement System of Texas. It aims to ensure that these benefits keep pace with the rising cost of living. The main provision includes implementing an adjustment mechanism to periodically review and potentially increase benefits in response to inflation. This bill seeks to provide financial stability and security for retired teachers by maintaining the purchasing power of their benefits over time.
Latest Action: Filed
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Actions (3):
2023-01-09 : Filed
2023-03-03 : Read first time
2023-03-03 : Referred to Pensions, Investments & Financial Services
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