Texas HB3161 amends the Texas Municipal Retirement System to require uniform contribution rates across departments within participating.

Texas HB3161 amends the Texas Municipal Retirement System by requiring each participating municipality to set a uniform employee contribution rate of five, six, seven, or eight percent of employees' compensation. This applies to all departments within the municipality, except those that had different rates before September 1, 1991, which may continue their existing rates until they choose to equalize. The changes take effect on September 1, 2025.

Texas HB3161 amends the Texas Municipal Retirement System to require uniform contribution rates across departments within participating.

Texas HB3161 amends the Texas Municipal Retirement System by requiring each participating municipality to set a uniform employee contribution rate of five, six, seven, or eight percent of employees' compensation. This applies to all departments within the municipality, except those that had different rates before September 1, 1991, which may continue their existing rates until they choose to equalize. The changes take effect on September 1, 2025.