Texas HB4161 amends the Teacher Retirement System to adjust benefits for inflation annually.
Texas HB4161 amends the Teacher Retirement System to adjust service retirement, disability retirement, and death benefits for inflation annually. The board of trustees must set the adjustment rate based on the Consumer Price Index for Urban Wage Earners and Clerical Workers. The board may not increase benefits unless the system is actuarially sound and has sufficient funds. The act applies to benefits paid on or after January 1, 2026.
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