Legislative Leaders File Base Budget Bill, Includes Increased Funds for TRS
TRTA Members Are Making the Difference! On Thursday, January 21, 2021, legislative leaders introduced base budget bills in both the Texas Senate and House. While the Texas Retired Teachers Association (TRTA) is still reviewing all aspects of these bills, there is very good news about funding for the Teacher Retirement System of Texas (TRS) in […]
Texas Legislature Senate Committees Named
On Jan. 15, Lt. Gov. Dan Patrick named the Senate committees. Key committees for Teacher Retirement System of Texas (TRS) issues are the Senate Finance, Senate State Affairs, and Senate Education committees. The Senate also adopted rules for the legislative session. A new rule will require an 18-vote threshold for bringing a bill to the […]
Texas Sunset Commission Recommends Changes for TRS, Including Disclosure of Staff Bonuses
Executive Summary: The Texas Sunset Commission adopted its final report recommending and requiring changes to the TRS based on more than a year of investigation and public input Legislation will be filed to: require TRS to develop a communication and outreach plan to help repair the relationship between TRS and its members and to respond […]
TRTA In-Person Meeting Cancellation Extended through June 30, 2021
The Texas Retired Teachers Association’s Board of Directors voted to extend the cancellation of in-person meetings through June 30, 2021. TRTA’s virtual Day at the Capitol will take place April 6-8. Stay tuned as we announce exciting changes and additions to this event! TRTA’s spring conferences also will be held virtually.
TRS Board Meets to Discuss Long-Term Facilities, Pension Fund Valuation, and TRS-Care Valuation
Executive Summary: TRS continues to work on a long-term facilities solution, with a final decision to be made in 2021 The Indeed Tower space has not yet been sub-leased The TRS pension fund’s value increased by $7.4 billion between 2019 and 2020 Senate Bill 12 (passed in 2019) continues to push the pension plan towards […]
Sunset Advisory Commission Discusses TRS Recommendations
Executive Summary: The Texas Sunset Advisory Commission reviewed four issues raised by its report about TRS. TRS is addressing these issues through a variety of programs. TRTA provided written testimony about the issues to the commission. The Texas Sunset Advisory Commission met yesterday, December 7 to discuss its recommendations for the Teacher Retirement System of […]
TRTA Readies for Legislative Session; Resources for Member Engagement Forthcoming!
The Texas Retired Teachers Association’s (TRTA) preparation for the coming 87th Legislative Session is underway, and our members are doing their part to be ready for the challenge ahead. Last session, TRTA members accomplished major goals on our legislative agenda. We worked with the Legislature to pass a funding plan, Senate Bill 12, that invests […]
Giving Tuesday: Thank You for Supporting TRTF!
The Texas Retired Teachers Foundation (TRTF) thanks the members of the Texas Retired Teachers Association (TRTA) for their generosity during Foundation Month, held in November. TRTA members have donated more than $45,000 to help TRTF reach its $100,000 fundraising goal! Your donations help support several charitable programs: “A Helping Hand,” the Disaster Relief Fund, Classroom […]
Happy Thanksgiving from TRTA and TRTF!
Dear TRTA members and TRTF supporters, At this time of year, we like to reflect on the great things we have accomplished together and show our appreciation to our members, friends, and supporters, all of whom are special to us! The Texas Retired Teachers Association (TRTA) Board of Directors and the Texas Retired Teachers Foundation […]
TRTA In-Person Meeting Cancellation Extended through March 31, 2021, Day at the Capitol to Be Held Virtually
The Texas Retired Teachers Association’s (TRTA) Board of Directors voted unanimously on Tuesday, November 17 to extend the previously imposed hold on all TRTA-affiliated in-person meetings across the state through March 31, 2021. This includes all local unit meetings, as well as smaller in-person gatherings such as district or local unit executive committee meetings. Additionally, […]