Keep Affordable Health Care, Defend the Defined Benefit Plan!

TRTA Convention Legislative Luncheon: Additional Speakers Announced The study of the defined benefit plan and TRS-Care moves forward. As you know, the Teacher Retirement System of Texas (TRS) has been directed by the legislature to study the TRS benefits of current and future retirees. Some legislators and a number of politically motivated interest groups believe […]

TRS Town Hall Meeting Set for Monday

Something Different…Good News from Nation’s Capitol The Teacher Retirement System of Texas (TRS) will host a town hall meeting on Monday, March 12, 2012 at 1:00 p.m. The official notice of this meeting is below. “You are invited to attend a Town Hall meeting/webcast scheduled for March 12, 2012 from 1-3 p.m. at TRS Headquarters, […]

TRS Pension and Health Care Discussion Underway

Today, during the meeting of the Board of Trustees of the Teacher Retirement System of Texas (TRS), board members began discussing plans for two studies that will be undertaken in the coming months. The Texas Legislature charged TRS with studying the fiscal and actuarial impacts of plan design change for the pension trust fund and […]

TRS Board of Trustees Meeting: Send in Your Questions!

TRS pension benefit design and the TRS-Care health insurance program will dominate tomorrow’s TRS Board of Trustees agenda. TRTA members are encouraged to use the communication information below to send questions and comments on these two vital issues. TRS has been charged with doing a study about transitioning the defined benefit plan, as well as […]

TRS Still Under Attack, TRTA Responds to Critics

This past Sunday (February 5), the Houston Chronicle ran a guest column by Bill King suggesting that public pension plans in Texas are facing a crisis. As you have read in two recent TRTA news bulletins, it is our position that TRS Texas is not in crisis. In an effort to defend your Teacher Retirement […]

Additional News on Traditional Retirement Plans

Last week, the Board of Trustees of the Teacher Retirement System of Texas (TRS) held their regularly scheduled board meeting. A presentation comparing the traditional defined benefit retirement plan (such as the one administered by TRS) and the defined contribution plan (such as a privatized 401k) was provided by an external consulting firm. TRTA requested […]

TRS December Board of Trustees Meeting Overview

The Teacher Retirement System of Texas (TRS) held their regularly scheduled Board of Trustees meeting on December 8 and 9. TRS Investments Experience Difficult Quarter This meeting provided a substantial overview for the previous quarter and offered news that reflects market conditions from the last three months. In other words, the pension trust fund had […]

More News from TRS Board Meeting: A Look at TRS-Care Funding

The TRS Board of Trustees received some very good news about the overall condition of the pension trust fund, but the news was not as good for the TRS-Care health insurance program. The TRS prediction on the program’s fund balance sees a dramatic shift as of FY 2014. The plan is expected to be running […]

Pension Fund to Release Financial Report

TRS Trust Fund Earnings Exceed 15 percent for the year The Teacher Retirement System of Texas (TRS) holds its regularly scheduled Board of Trustees meeting this morning. Among many business items, the trustees will review their actuarial valuation update for the state fiscal year ending August 31, 2011. The report highlights the pension fund’s overall […]