House PIFS Committee Meets, Discusses a Path to a COLA for TRS Retirees

Executive Summary: The House PIFS Committee received testimony from retirees on a COLA Chairman Anchía vowed to make a COLA a priority in the 2023 legislative session TRTA provided testimony and is advocating for a meaningful, substantial COLA for retirees TRTA’s documentation for the committee is available here The Texas House Pensions, Investments, and Financial […]

House PIFS Meeting Today, Discussing Possible COLA for TRS Retirees

The Texas House Pensions, Investments, and Financial Services Committee (PIFS) has scheduled an interim hearing for today at 10:00 a.m. to review and evaluate the actuarial soundness of the Teacher Retirement System of Texas (TRS) pension fund and to study possible benefit enhancements, including a cost-of-living adjustment (COLA), for TRS retirees. PIFS Committee Chairman Rafael […]