Texas HB2130 amends employer contribution rules for Teacher Retirement System retirees resuming service.

Texas HB2130 modifies the payment rules for certain employer contributions for Teacher Retirement System retirees who resume service. It sets interest rates and late fees for employers who fail to submit required deposits on time. The bill also specifies that employers cannot pass these costs onto retirees. The changes apply starting with the 2025-2026 school year. The bill can take effect immediately if it receives a two-thirds vote in both houses of the Texas Legislature; otherwise, it takes effect September 1, 2025.

Texas HB2130 amends employer contribution rules for Teacher Retirement System retirees resuming service.

Texas HB2130 modifies the payment rules for certain employer contributions for Teacher Retirement System retirees who resume service. It sets interest rates and late fees for employers who fail to submit required deposits on time. The bill also specifies that employers cannot pass these costs onto retirees. The changes apply starting with the 2025-2026 school year. The bill can take effect immediately if it receives a two-thirds vote in both houses of the Texas Legislature; otherwise, it takes effect September 1, 2025.