Texas legislature continues bipartisan push to modernize public retirement benefits

In Politics by Michael Rae

Despite the typical partisan political clashes and subsequent special sessions, the 2023 regular legislative session proved Texas policymakers can still find common ground. For proof, look no further than the continued success of the bipartisan efforts to improve the solvency of the state’s public retirement systems. Texas legislators came together to ensure future public employees receive competitive retirement benefits without adding to the state’s significant public pension debt, primarily borne by taxpayers.

Under the leadership of Sen. Joan Huffman (R-Houston) and Rep. Greg Bonnen (R-League City), Senate Bill 1245 (SB 1245) passed unanimously in the Senate and 144-1 in the House.

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