Category Archives: Pensions

18 Mar
0

House Appropriations Discusses Budget Bills: HB 1 and SB 500

  Today is day 70 of the 140-day legislative session! At the halfway mark of session, the House Appropriations Committee considered budget bills TRTA Executive Director Tim Lee testified in favor of HB 1 and the committee substitute for SB ...

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14 Mar
0

Senate State Affairs Meets, Discusses SB 12

  SB 12 receives hearing in Senate State Affairs Senator Huffman is working closely with the House to provide a long-term funding plan for the retirement system Without a stable funding plan for TRS, the pension plan’s unfunded liability will ...

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31 Jul
0

Special Message About TRS Changing Rate of Return Assumption

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 ...

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