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(Representative Anchia now present.)

The Chair laid out Interim Charge #5:

Monitor all agencies and programs under the committee’s jurisdiction. Specifically, monitor the study by the Employees Retirement System of Texas and the Teacher Retirement System of Texas of the viability of the current defined benefit plans as well as the implications and feasibility of creating a defined contribution or hybrid plan;

http://www.capitol.state.tx.us/tlodocs/82R/minutes/html/C395201209130930...