Bill
HB 2434
Relating to the purchase of service credit by certain members of the Employees Retirement System of Texas.
89th Legislature (2025)
Introduced by Adam Hinojosa and 2 co-sponsors
Texas HB 2434 allows certain ERS members to purchase additional service credit under new terms, increasing some employees' retirement benefits while potentially raising long-term pension obligations.
Effective on 9/1/25