A COLA for TRS Retirees This Session is the Message
NOW is the time for TRS retirees to receive a much discussed, promised, and needed cost-of-living increase! By Leroy DeHaven, TRTA President Members of the Texas Retired Teachers Association (TRTA) are elated to hear that our years hard work and sacrifice have finally paid off! The Teacher Retirement System of Texas (TRS) pension trust fund […]
TRTA Red Letter Campaign Underway, Virtual Zoom to the Capitol Registration Now Open!
Members of the Texas Retired Teachers Association (TRTA) heard from Executive Director Tim Lee today on Facebook Live and YouTube about TRTA’s innovative letter writing campaign! Members of TRTA will begin receiving their copy of the first quarter issue of The VOICE this week and early next week. This unique issue arrives in a clear […]
Pensions, Investments, and Financial Services Committee Reviews TRS
Executive Summary TRS reports that a cost-of-living adjustment is possible. TRTA believes now is the time when retirees need help the most! Retirees live on modest, fixed incomes, and more than half of TRS retirees earn less than $2,000 per month in their annuities! On Wednesday, March 10, the House Pensions, Investments, and Financial Services […]
Tim Lee to “Unbox” THE VOICE on Facebook and YouTube This Thursday at 1:30 PM
Correction: The video will go on THURSDAY, MARCH 11 at 1:30 PM. A previous version stated an incorrect date and time. We look forward to seeing you at the correct date and time! Also, expect an Inside Line about today’s Pensions Committee meeting this afternoon! The newest edition of THE VOICE is on its way […]
House Appropriations Subcommittee on Article III Meets, TRTA Asks Appropriators to Support a Cost-of-Living Increase for TRS Retirees
Executive Summary TRTA commends budget leaders for remaining steadfast to funding the TRS solvency plan passed last session. Today, the TRS pension fund is actuarially sound. More than half of all current TRS retirees have never received a pension increase. A TRS member who retired after September 1, 2004 has gone 17 years with no […]
TRTF Asks for Donations to Disaster Relief Program Due to Winter Storm Uri
The Texas Retired Teachers Foundation (TRTF) would like to remind everyone that there is a foundation program designated specifically to help those Teacher Retirement System of Texas (TRS) members who have been affected by natural disasters in our state. Last week, millions of Texans suffered record-breaking low temperatures and suffered without electricity, heat, and running […]
House Appropriations Committee Discusses TRS Funding
Executive Summary This is the second update in a two-part series covering Senate and House budget plans for TRS this session. TRS reported to the House Appropriations Committee The TRS pension fund is actuarially sound, which opens the door for a COLA TRTA believes TRS members can and should receive a COLA TRS has been […]
Senate Finance Meets, Discusses Funding for TRS and Potential COLA for Retirees
Executive Summary: This is the first update in a two-part series covering Senate and House budget plans for TRS this session. The TRS fund has met the standard for actuarial soundness! Any cost-of-living increase will have to go through the Texas Legislature. The TRS-Care fund won’t require additional funding this session. TRS is seeking to […]
TRTF Offers Assistance for Disaster Relief
The Texas Retired Teachers Association (TRTA) and Texas Retired Teachers Foundation (TRTF) are thinking of its members during this time of need. We know many of you have suffered greatly under the effects of the winter storm. The storm has caused more than four million Texans to lose power, and many have lost access to […]
Teacher Retirement System of Texas Set to Testify to Legislative Committees
The Teacher Retirement System of Texas (TRS) has two Texas Legislature committee hearings scheduled within the next 10 days. TRS will testify to the House Appropriations Committee on Feb. 17 and the Senate Finance Committee on Feb. 22. The Texas Retired Teachers Association (TRTA) supports full funding SB 1. SB 1 is the state funding […]