HB 4875
AN ACT relating to the board of trustees of the retirement systems for
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to House committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
relating to the board of trustees of the retirement systems for
Subject Areas
Bill Text
relating to the board of trustees of the retirement systems for police and firefighters in certain municipalities. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Sections 3.01(b), (b-1), (b-4), (d), (e), and (f), Article 6243a-1, Revised Statutes, are amended to read as (b) Subject to Subsections (b-1) and (b-2) of this section, the board consists of 11 trustees who shall be selected and shall (1) four [six] trustees appointed by the mayor, in consultation with the city council; (2) three trustees elected under rules adopted by the board by the members and pensioners of the pension system from a slate of nominees, in a number determined under the rules, selected and vetted by the nominations committee; (3) [subject to Subsection (b-3) of this section,] one trustee who is a current [or former] police officer of the city nominated and elected by members of the pension system under rules (4) [subject to Subsection (b-3) of this section,] one trustee who is a current [or former] fire fighter of the city nominated and elected by members of the pension system under rules (5) one trustee who is a former police officer of the city nominated and elected by members of the pension system under rules adopted by the board; and (6) one trustee who is a former fire fighter of the city nominated and elected by members of the pension system under (b-1) To be appointed or elected a trustee under Subsection (b)(1) or (2) of this section, a person: (1) must have demonstrated financial, accounting, business, investment, budgeting, real estate, or actuarial (2) may not be an elected official of the city. (b-4) A trustee is [not] required to reside in the nominating [a particular] city [or county of this state]. (d) A vacancy on the board in a trustee position under Subsection (b)(1), [or] (2), (5), or (6) of this section shall be filled in the same manner as the original appointment, or election. The board by rule shall determine the manner by which a vacancy in a trustee position under Subsection (b)(3) or (4) of this section is (e) The mayor shall determine whether all trustees appointed under Subsection (b)(1) of this section hold office for staggered two-year terms or staggered three-year terms. The nominations committee shall determine whether all trustees elected under Subsection (b)(2), (3), [or] (4), (5), or (6) of this section hold office for staggered two-year terms or staggered three-year terms. A trustee appointed or elected, as applicable, under Subsection (b)(1) or (2) of this section may not serve for more than six consecutive years on the board. (f) The election of the trustees under Subsection (b)(2), (3), [or] (4), (5) or (6) of this section[, including an election under Subsection (b-3) of this section to fill a trustee position under Subsection (b)(3) or (4) of this section,] shall be held under the supervision of the board, and the board shall adopt such rules governing the election procedure as it considers appropriate, as long as the rules are consistent with generally accepted principles of secret ballot and majority rule. The rules adopted by the board shall be recorded in the minutes of the board and made available to the members of any pension plan within the pension system. SECTION 2. Section 3.011(e), Article 6243a-1, Revised Statutes, is amended to read as follows: (e) The nominations committee shall nominate trustees to the board in accordance with Section [Sections] 3.01(b)(2) [and SECTION 3. Sections 3.012(a) and (b), Article 6243a-1, Revised Statutes, are amended to read as follows: (a) In accordance with procedures adopted by board rule, a (1) appointed under Section 3.01(b)(1) of this article may be removed by the mayor for cause; and (2) elected under Section 3.01(b)(2), (3), [or] (4), (5), or (6) of this article may be removed by the nominations (b) It is a cause for removal of a trustee from the board (1) does not have at the time of taking office the qualifications required by Section 3.01(b) or (b-1)(1) of this article[, subject to Subsection (b-3) of that section]; (2) does not maintain during service on the board the qualifications required by Section 3.01(b) or (b-1)(1) of this article[, subject to Subsection (b-3) of that section]; (3) is ineligible for membership under Section 3.01(b-1)(2) or (b-2) of this article; or (4) is absent from more than one-third [40 percent] of the meetings that the trustee is eligible to attend during a calendar year [without an excuse approved by a majority vote of the SECTION 4. Section 3.01(b-3), Article 6243a-1, Revised SECTION 5. The changes in law made by this Act do not affect the term of a member of the board of trustees of a pension system administered under Article 6243a-1, Revised Statutes, serving on the board on the effective date of this Act. SECTION 6. The changes in law made to Sections 3.01, 3.011, and 3.012, Article 6243a-1, Revised Statutes, as amended by this Act, apply only to an appointment or vacancy on a board of trustees that occurs on or after the effective date of this Act. An appointment or vacancy on a board of trustees that occurs before the effective date of this Act is governed by the law in effect on the date of the meeting, and the former law is continued in effect for SECTION 7. This Act takes effect September 1, 2025.
Bill History
Bill filed: AN ACT relating to the board of trustees of the retirement systems for
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