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House committee adds We Lead CS to TRS provider list, orders annual employer liability report
Summary
The House State Government Committee adopted a committee substitute and passed House Bill 73 to add We Lead CS to the list of Teachers’ Retirement System providers and direct an annual TRS review of each employer’s share of unfunded actuarial liability.
The House State Government Committee on Wednesday adopted a committee substitute and passed House Bill 73 to add We Lead CS to the list of entities eligible to administer retirement benefits through the Teachers’ Retirement System.
The bill matters because We Lead CS provides computer science instruction across multiple school districts and — committee sponsors said — was excluded from the statutory list of TRS member providers due to an administrative oversight. The committee substitute also directs TRS to provide an annual breakdown, as determined by the system’s actuary, of each employer’s share of the system’s unfunded actuarial liability.
Representative D.J. Johnson, sponsor of the original language, said House Bill 73 "corrects this oversight by adding We Lead CS to the list of agencies." Johnson said We Lead CS was created by the General Assembly in 2022 and provides services that local districts cannot easily provide at comparable cost.
Representative James Tipton, who explained the committee substitute, told members the measure would require the Teachers’ Retirement System to make an annual actuarial-based report showing each employer’s share of unfunded liability. "All the committee sub would do is direct the TRS to do an annual review of the breakdown of each individual employer's share of the actuary acquired liability, as determined by the actuary," Tipton said.
Committee members asked procedural questions about a fiscal note and potential actuarial analysis; Tipton said no fiscal note was expected but that an actuarial analysis could be required.
The committee adopted the substitute by voice vote and later passed the amended bill on a roll call, 19-0, with favorable expression.
Votes at a glance: House Bill 73 (as amended) — Passed by committee, favorable, vote 19-0.
The committee moved on to other agenda items after the vote; no further action on implementation details was recorded in the committee transcript.
