Relating to certain benefits paid by the Employees Retirement System of Texas.

HB 3870 would increase retirement benefits for Texas state employees and retirees under the Employees Retirement System of Texas. It requires a one-time 10% benefit adjustment starting in January 2026 for service retirement, disability retirement, death, and other monthly benefits. Additionally, it mandates annual inflation adjustments tied to the Consumer Price Index (CPI-W), calculated each October based on federal data, to reflect rising costs. The bill includes safeguards requiring the retirement system to be actuarially sound and financially able to fund increases before any adjustments are applied.