Texas SB2248 mandates automatic enrollment of new county employees in deferred compensation plans, with an opt-out option.

The bill, Texas SB2248, requires counties that offer deferred compensation plans to automatically enroll new employees in these plans. Employees have the right to opt out of this enrollment. Counties must inform new employees about their automatic enrollment and opt-out rights during the orientation process and keep records of acknowledgments. Employees can also change their investment choices, contribution amounts, or designate Roth contributions at any time. This law applies to employees starting work on or after January 1, 2026.

Texas SB2248 mandates automatic enrollment of new county employees in deferred compensation plans, with an opt-out option.

The bill, Texas SB2248, requires counties that offer deferred compensation plans to automatically enroll new employees in these plans. Employees have the right to opt out of this enrollment. Counties must inform new employees about their automatic enrollment and opt-out rights during the orientation process and keep records of acknowledgments. Employees can also change their investment choices, contribution amounts, or designate Roth contributions at any time. This law applies to employees starting work on or after January 1, 2026.