Comments on Texas House Bill 3367 and Senate Bill 1245

In Politics by Michael Rae

Public comments prepared for the Texas House Committee on Pensions, Investments and Financial Services.

Chair Capriglione, committee members, thank you for the opportunity to offer our brief perspective on providing a new cash balance retirement benefit for future members of the Judicial Retirement System 2.

My name is Steven Gassenberger, and I serve as a policy analyst based in Houston for the Pension Integrity Project at Reason Foundation. Our team conducts quantitative public pension research and offers pro-bono technical assistance to officials and stakeholders aiming to improve pension resiliency and advance retirement security for public servants in a financially responsible way.

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