Legislative Session News Archive
Regular Session News #1: 2023 Regular Session starts Monday; four bills affect TRSL
Apr 6, 2023
The 2023 Regular Legislative Session begins Monday, April 10, and TRSL is monitoring the following bills that could impact the retirement system and its members: Senate bill affecting TRSL Senate Bill 18 (Sen. Price) would establish a new model for providing permanent benefit increases (PBIs) to retirees and beneficiaries of the four state retirement systems for teachers, state employees, school employees, and state police. The new ...
Regular Session News #18: End of session delivers a benefit increase and return-to-work changes (copy)
Jun 8, 2022
The 2022 Regular Session, which began March 14, ended Monday. Four bills impacting TRSL received final legislative passage with three awaiting action by the governor. Here’s a look at them. Permanent Benefit Increase Senate Bill 6 (Sen. Price) grants a 2% permanent benefit increase (PBI), payable on July 1, 2022, to eligible TRSL retirees, beneficiaries, and survivors calculated on the first $68,396 of their annual retirement benefit...
Regular Session News #17: Benefit increase receives final legislative passage; heads to governor
Jun 1, 2022
Today, the full House unanimously passed Senate Bill 6 (Sen. Price), which would authorize a 2% permanent benefit increase (PBI) for eligible TRSL retirees, beneficiaries, and survivors calculated on the first $68,396 of their annual retirement benefit. The PBI would be payable on July 1, 2022. Senate Bill 6 now heads to the Governor’s desk for signature. Senate Bill 6 provides that individuals who meet the following criteria on Ju...
Regular Session News #16: RTW bill receives Senate final passage
May 25, 2022
Yesterday, the Senate amended and passed House Bill 1021 (Rep. McFarland, DeVillier, Edmonds, Frieman, Harris, and Romero), which would make several changes to the 2010 Return-to-Work (RTW) Law as well as add new RTW provisions for retirees re-employed as adjunct nursing professors in postsecondary institutions. The amendments were technical in nature. House Bill 1021 proposes to: make permanent changes to K-12 employer advertising and posti...