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Committee approves bill adding WeLeadCS to TRS employer list and requests actuary data
Summary
House Bill 73 would add WeLeadCS to a list of education service providers in the Teachers' Retirement System and directs the TRS actuary to report employer-level shares of unfunded liability; the committee approved the measure unanimously.
The State and Local Government Committee unanimously approved House Bill 73, as amended by Committee Substitute 1, to add WeLeadCS to a statutory list of educational administrative and support agencies that administer their own retirement programs under the Teachers' Retirement System (TRS).
Representative D.J. Johnson presented the measure and said the first pages of the bill list agencies that participate in TRS; he and other sponsors noted WeLeadCS…
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