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Reduction in Retirement Interest from 7% to 5% Login/Join 
Member
posted March 03, 2013 20:48
Is anyone following House Bill 958? It would amend the Government Code to reduce the annual rate of interest for the Texas County and District Retirement System from 7% to 5%. Last time I looked, it had been referred to the pension committee. I'm hoping someone is tracking the bill and knows a little about its background.
 
Posts: 1 | Registered: March 03, 2013Reply With QuoteReport This Post
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posted March 05, 2013 08:38Hide Post
The last word I heard was that its author, Rep. Orr, is letting it go, at least for this session. But you might contact Shannon Edmonds to double-check my understanding.
 
Posts: 1233 | Location: Amarillo, Texas, USA | Registered: March 15, 2001Reply With QuoteReport This Post
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posted March 05, 2013 10:12Hide Post
A short article in the San Antonio Express reported that information the other day.
 
Posts: 40 | Location: Edinburg, Texas U.S.A. | Registered: June 04, 2008Reply With QuoteReport This Post
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