HB 1086

AN ACT relating to a cost-of-living adjustment applicable to certain

House Bill • Curry | Plesa

Filed

Bill introduced by legislator

Committee

Hearing

Passed Cmte

Calendar

Passed

Sent

Enrolled

Governor

Signed

Filed

Bill introduced by legislator

In Committee

Hearing Scheduled

Passed Committee

Floor Calendar

Passed Chamber

Sent to Other Chamber

Passed Both Chambers

Sent to Governor

Signed into Law

89th Regular Session

Jan 14, 2025 - Jun 2, 2025 • Session ended

Awaiting Committee Assignment

Bill filed, pending referral to House committee

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What This Bill Does

Provides a one-time 10% cost-of-living adjustment for monthly retirement benefits paid by the Employees Retirement System of Texas, specifically for retirees and beneficiaries with service credits in the employee class. The adjustment will apply to service retirement, disability retirement, and death benefits, with the board of trustees required to recompute monthly benefit amounts starting September 1, 2025. This increase aims to help retired Texas state employees keep pace with rising living costs by providing a substantial one-time boost to their monthly retirement payments.

Subject Areas

Retirement Systems--State Employees EMPLOYEES RETIREMENT SYSTEM OF TEXAS

Bill Text

relating to a cost-of-living adjustment applicable to certain
benefits paid by the Employees Retirement System of Texas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1.  Subchapter G, Chapter 814, Government Code, is
amended by adding Section 814.605 to read as follows:
Sec. 814.605.  ONE-TIME ADJUSTMENT TO BENEFITS.  (a)  The
amount of a monthly service retirement benefit, disability
retirement benefit, or death benefit paid under this chapter or
Chapter 820 to a retiree or beneficiary for service credited in the
employee class is increased to include a one-time 10 percent
adjustment in accordance with this section.
(b)  The board of trustees shall recompute the amount of a
benefit paid monthly under this chapter by applying the 10 percent
adjustment to the monthly amount otherwise required to be paid as
determined in accordance with this chapter.
SECTION 2.  Section 814.605, Government Code, as added by
this Act, applies only to a monthly benefit payment made by the
Employees Retirement System of Texas on or after September 1, 2025.
SECTION 3.  This Act takes effect September 1, 2025.