Texas HB5535 amends the types of benefits offered by the retirement system to include benefits approved by the board.

Texas HB5535 amends Section 824.001 of the Government Code to expand the types of benefits payable or deducted by the retirement system. The bill specifies that the benefits now include service retirement benefits, disability retirement benefits, death benefits, and benefits approved by the board. The Act will take effect immediately if it receives a two-thirds vote from all members of both houses, otherwise it will take effect on September 1, 2025.

Texas HB5535 amends the types of benefits offered by the retirement system to include benefits approved by the board.

Texas HB5535 amends Section 824.001 of the Government Code to expand the types of benefits payable or deducted by the retirement system. The bill specifies that the benefits now include service retirement benefits, disability retirement benefits, death benefits, and benefits approved by the board. The Act will take effect immediately if it receives a two-thirds vote from all members of both houses, otherwise it will take effect on September 1, 2025.