Discussion and possible action to approve TCDRS plan adjustments.
Official Roll-Call Vote
Staff Report & Agenda Item Details
Discussion and possible action to approve TCDRS plan adjustments. Ms. Cochran summarized the request to increase the employee contribution from 5% to 6%, keeping the employer contribution the same (matching at 200%). The estimated rate increase for the employer match has been calculated into the FY 2025-26 budget approved by the budget committee. Motion to approve TDRCS plan adjustments for employee deposit rate from 5% to 6% by Bill Jones. Second by Jeff Schuehle. Motion passed.
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.1/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.