Texas SB2491 modifies employer contributions for Teacher Retirement System retirees resuming employment with public schools.

Texas SB2491 amends the Government Code to adjust employer contributions for Teacher Retirement System retirees who return to work with public schools. The bill specifies that employers must contribute an amount based on the retiree's salary, calculated as the difference between the retiree's contribution if active and the state's contribution if the retiree were active. The employer is exempt from contributing if the state's contribution exceeds the retiree's. The changes apply starting with the 2025-2026 school year.

Texas SB2491 modifies employer contributions for Teacher Retirement System retirees resuming employment with public schools.

Texas SB2491 amends the Government Code to adjust employer contributions for Teacher Retirement System retirees who return to work with public schools. The bill specifies that employers must contribute an amount based on the retiree's salary, calculated as the difference between the retiree's contribution if active and the state's contribution if the retiree were active. The employer is exempt from contributing if the state's contribution exceeds the retiree's. The changes apply starting with the 2025-2026 school year.