Topic: Pensions

Texas’ retired teachers served our children. They deserve a pension that serves them.

Publish Date: April 17, 2019

Dear Friend, This week I want to highlight a column I wrote, published in the Houston Chronicle yesterday, calling for legislative changes that would help fund the Teacher Retirement System and provide some relief for current retirees. (This is certainly an important issue for active employees as well.) We're expecting the Texas House to hear this proposal tomorrow, and we'll be there advocating on your behalf! If...

Publish Date: April 15, 2019 Read More

Your Weekly Briefing: News on TRS pensions, the state budget, taxes, and charter schools

Publish Date: March 29, 2019

Watch Texas AFT Retiree Plus Member Rita Runnels testify on the TRS pension bill. With less than two months to go in the 86th Session, lawmakers have started making big decisions about their financial priorities. Here’s what we know—both the House and Senate indicated this week they intend to spend about $9 billion on a combination of property tax relief...

Publish Date: March 27, 2019 Read More

Your weekly briefing: Big bill up for retired educators, community schools bill moves ahead and notes on the budget

Publish Date: March 22, 2019 Read More

News from the Capitol on pensions and health care

Publish Date: February 5, 2019 Read More

Retiree Plus Newsletter: Working Toward a Fair Pension

Publish Date: January 11, 2019 Read More

Reduction in assumed TRS investment returns: What does it mean for you?

Publish Date: July 27, 2018

The Teacher Retirement System of Texas Board of Trustees today reduced the pension fund's long-range assumption for investment returns from 8 percent to 7.25 percent, a reduction that will have a significant impact on how much must be contributed annually to meet future obligations and when or whether retirees will get a cost-of-living increase in their pensions. While board members and retirees in attendance...

Publish Date: July 26, 2018 Read More

Teacher retirees scraping by on fixed pension income and skyrocketing health-care costs await crucial decision by TRS board

Publish Date: July 23, 2018

FOR IMMEDIATE RELEASE: July 23, 2018 CONTACT: Rob D’Amico, 512-627-1343 Decision on rate of return Friday could further erode ability to offer cost-of-living increases What: Retired school employees from across Texas will hold a news conference on the steps of the Teacher Retirement System of Texas building Thursday to highlight how a TRS Board vote expected the next morning on...

TRS trustees deadlock on key pension issue; member costs for ActiveCare health plans go up again

Publish Date: April 20, 2018

The TRS board deadlocked Friday on how much to reduce the projected rate of return assumed for TRS investments. The assume rate of return on investments helps define how much contributions would have to increase to cover future obligations and make future benefit improvements possible. Four board members agreed with Texas AFT that a consultant's proposal to lower the assumed...

TRS board faces decisions on pension and health plans—have your say!

Publish Date: April 18, 2018

Thanks to more than 1,400 of you who already have written to TRS trustees regarding important decisions they are considering this week that will affect your pension and health benefits. If you have not sent your letter yet, there’s still time today and tomorrow. The full TRS board will take up these consequential decisions on Friday, April 20. Upcoming Hotlines will report in...

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