The House Pensions, Investments, and Financial Services Committee will meet Tuesday, August 18, 2026, at 10 a.m. in Room E2.012 of the Capitol Extension to hear invited testimony only regarding:
- Teacher Retirement System of Texas: Review the actuarial soundness of the Teacher Retirement System of Texas, including current contribution levels, defined benefit plan assumptions, and projected liabilities to ensure the long-term financial stability of the system. Evaluate the impact of basing employer contributions on total payroll, options to increase parity in the contribution rates for all entities, and the impact of benefit enhancements.
- Employees Retirement System of Texas: Review the actuarial sound ness of the Employees Retirement System of Texas, including current contribution levels, plan assumptions, and projected liabilities to ensure the long-term financial stability of the system. Examine past annuitant cost-of-living adjustments, and the impact of one-time and long-term benefit increases.
- Monitor the implementation of House Bill 201, relating to the financial crimes intelligence center.
- Monitor the implementation of House Bill 3526, relating to the financial transparency for bonds issued by local governmental entities.
Online submission of public comments will be available on the following topics:
- Implementation of 89(R) House Bill 201
- Implementation of 89(R) House Bill 3526
- Teacher Retirement System of Texas Review
- Employees Retirement System of Texas Review
Find information on in-person witness registration.
Watch a live broadcast of the hearing.
