What does Texas HB4945 do?
HB4945 mandates a feasibility study to potentially create a "Hazardous Duty" retirement tier for Texas A&M Forest Service wildland firefighters within the Teacher Retirement System (TRS). This legislation creates immediate data auditing obligations solely for the Texas A&M Forest Service; private sector employers are not affected. The Forest Service must prepare historical payroll data to support actuarial modeling for a potential benefits overhaul in 2027.