Author Archives: rvarney

16 Aug

Lt. Gov. Dan Patrick and State Senator Joan Huffman Pen Letters Requesting TRS Avoid Raising TRS-Care Premiums

by rvarney in TRS-Care, TRS

The Lieutenant Governor of Texas, Dan Patrick, sent a letter to the Teacher Retirement System (TRS) Board of Trustees regarding the retiree health care program, TRS-Care. Patrick is asking the TRS Board not to raise retiree premiums for TRS-Care. This ...

31 Jul

Special Message About TRS Changing Rate of Return Assumption

by rvarney in Pensions, TRS

Dear TRTA Members, The major action by the Board of Trustees to lower their investment rate of return assumption from 8 percent to 7.25 percent will shape our state’s public policy on TRS for years to come. TRTA is grateful ...

27 Jul

Teacher Retirement System of Texas Votes 5-4 to Lower Rate of Return Assumption

by rvarney in Update, Pensions, TRS

All eyes turn to next session as pension and health care programs both need higher contribution levels. Executive Summary: TRS lowers rate of return assumption to 7.25 percent. Change to rate of return assumption doesn’t impact current retiree benefits. However, ...

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