Senate State Affairs Committee Discusses TRS Today
The Senate State Affairs Committee will hold a hearing today to discuss several issues pertaining to the Teacher Retirement System of Texas (TRS), as well as other state agencies. The committee’s agenda includes a charge to examine the feasibility of implementing health reimbursement accounts (HRA) and Medicare exchanges for Medicare eligible participants currently covered by […]
TRTA Update October 19th, 2012
TRS Releases Investment Report for FY 2012 The Teacher Retirement System of Texas (TRS) released its FY 2012 Annual Investment Performance Report. The report states that TRS earned 7.58% on its investments for the fiscal year ending August 31. The fund grew by over $4 billion to reach $111.1 billion in assets. The report confirms […]
TRTA Update September 15, 2012
TRTA Helps Lead a United Front Defending TRS Benefits Associations Testify in Favor of Maintaining Pension and Health Care Benefits The House Pensions, Investments, and Financial Services Committee (PIFS) met this week to discuss their interim charge on the Teacher Retirement System and other statewide, county, and municipal retirement programs. TRTA expected an attack on […]
Pensions, Investments and Financial Services Committee to Meet Next Week
Many TRTA members are interested in the legislatively mandated studies completed by the Teacher Retirement System of Texas (TRS) last week. The full report can be read by clicking here. TRS began working on the studies at the end of the 82nd legislative session in 2011. The Texas Legislature directed TRS to research the impacts […]
TRS Releases Final Pension Design, TRS-Care Studies
Important Study Finds TRS DB Plan is Best Model The Teacher Retirement System of Texas (TRS) released two legislatively mandated studies on the pension fund’s plan design and the retiree healthcare program, TRS-Care. Both studies had a required completion date of September 1, 2012. You can read them in full on the TRS website by […]
Important Announcement about Medicare Advantage
TRTA Working to Help You! The Texas Retired Teachers Association (TRTA) has coordinated with the Teacher Retirement System of Texas (TRS) and Aetna to assist TRS members eligible for the new TRS Medicare Advantage plan. We have heard from many of our members concerned about whether or not their doctors will take the new plan. […]
TRS Makes Budget Pitch
TRTA to Legislature…Now is the time to adequately fund programs! Today, the Teacher Retirement System of Texas (TRS) presented its 2014-2015 budget request to the Legislative Budget Board (LBB) and the Governor’s Office of Budget Planning and Policy (GOBPP). The LBB is a permanent joint committee of the Texas Legislature that develops budget and policy […]
Medicare Advantage Explained
TRTA is Live at the first Aetna Presentation on Medicare Advantage Plans The Teacher Retirement System of Texas (TRS) is preparing to enroll thousands of TRS-Care 2 and 3 participants into the new Medicare Advantage plan. TRS-Care participants that are Medicare A and B eligible will be automatically enrolled in the new Medicare Advantage plan. […]
TRS 75th Anniversary Celebration
House Committee to Meet about TRS Benefits Mark your calendar for September 12, 2012. In one month, the Teacher Retirement System of Texas (TRS) will be celebrated for their 75 years of service to public education personnel and the state of Texas! TRTA and friends of TRS are hosting a special TRS 75th anniversary dinner […]
TRS Provides Insight on Additional Meetings, Offers Alternatives for Those Without Face-to-Face Meeting Locations
The Teacher Retirement System of Texas (TRS) and Aetna announced earlier this week several meeting locations for their Medicare Advantage seminars. Many TRTA members quickly contacted TRS and Aetna to make a reservation to attend one of these sessions. Others have not been as fortunate. Many TRTA members have contacted us about not having meeting […]