Retirement and Pension; maximum employer contribution to a 401(k) for certain state law enforcement officers; increase

Summary

The bill changes the state 401(k) plan so that, starting July 1 2026, the state can match up to 15% of a qualifying officer’s salary, instead of the previous lower limit. It applies to peace officers in the Department of Community Supervision and certified sworn officers who have at least five years of service and contribute at least 5% of pay. The change is intended to strengthen retirement savings for these officers.

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