Texas HB4591 amends fire and police pension fund contributions and benefits, allowing for rate adjustments based on actuarial findings.

Texas HB4591 amends the Firemen and Policemen Pension Fund regulations, allowing for adjustments in contribution rates by cities or towns and members. The bill specifies that any changes to contribution rates must be approved by a qualified actuary and a majority of the Board of Trustees. It also mandates that changes in contribution rates must be approved by the city or town's governing body or the voters.

Texas HB4591 amends fire and police pension fund contributions and benefits, allowing for rate adjustments based on actuarial findings.

Texas HB4591 amends the Firemen and Policemen Pension Fund regulations, allowing for adjustments in contribution rates by cities or towns and members. The bill specifies that any changes to contribution rates must be approved by a qualified actuary and a majority of the Board of Trustees. It also mandates that changes in contribution rates must be approved by the city or town's governing body or the voters.