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Category: TRS-Care

TRTA Facebook Live Event Cancelled Due to Technical Difficulties, Interview with TRS Officials to Be Filmed and Shared

Due to several unforeseen technical and internet connectivity issues today (Wednesday, June 28), the Texas Retired Teachers Association’s scheduled Facebook Live event has been cancelled. However, Teacher Retirement System of Texas (TRS) officials Executive Director Brian Guthrie and Chief Health Care Officer Katrina Daniel have agreed to film a segment with TRTA Executive Director Tim […]

Reminder: TRTA Facebook Live Event This Wednesday, Featuring Top TRS Officials

The Texas Retired Teachers Association (TRTA) will host a Facebook Live event this Wednesday, June 28 at 11:00 a.m., featuring two top officials from the Teacher Retirement System of Texas (TRS). TRS Executive Director Brian Guthrie and Chief Health Care Officer Katrina Daniel will join TRTA Executive Director Tim Lee on Facebook Live to discuss […]

HB 3976 Signed Into Law

Gov. Gregg Abbott has signed HB 3976 into law. HB 3976 will make significant changes to the retiree health insurance program, TRS-Care. Primarily, HB 3976 increases the amount of money retirees must put into TRS-Care to keep to program solvent. For pre-65 retirees, the increased burden falls under the umbrella of a high deductible health […]

TRS Board Meets, Enacts TRS-Care Changes From HB 3976

The Teacher Retirement System of Texas (TRS) Board of Trustees held meetings on June 1 and 2. The TRS Board of Trustees finalized changes to TRS-Care’s benefit structure during the meetings as recommended by the Texas Legislature. TRS-Care, the health insurance program provided by Texas to more than 256,000 retired teachers, underwent significant funding and […]

85th Legislative Session Comes to an End, Budget Passes

The 85th regular session of the Texas Legislature came to an end on Monday, May 29, 2017. Though Governor Greg Abbott has yet to decide whether or not to call a special session to cover any remaining issues, the state budget (Senate Bill 1) has passed and the fate of the TRS-Care retiree health insurance […]

HB 3976 On Its Way to the Governor, TRTA Answers Member Questions

Announcement: HB 3976 received a final vote in the Texas House on Wednesday, May 24. The bill as passed includes the amendments made in the Texas Senate, such as $20 million in prescription coverage for the under 65 age group. HB 3976 is now on its way to the Governor for his signature. If signed […]

HB 3976 Passes the Senate, TRTA Facebook Live Event May 23

HB 3976, the TRS-Care reform bill authored by Chairman Trent Ashby(R-Lufkin) and sponsored by Chairman Joan Huffman (R-Houston), passed the Senate on Sunday, May 21 with a vote of 31-0. As members of the Texas Retired Teachers Association (TRTA) know, the TRS-Care retiree health insurance program is facing a shortfall of more than $1 billion […]

Budget Conferees Allocate Approximately $480 Million Towards TRS-Care Shortfall

Tonight, the Texas Legislature’s budget conferees adopted a strategy that will allocate approximately $480 million towards TRS-Care. This budget will still need to be approved in both the House and Senate. CSHB 3976, the bill that would prevent TRS-Care from entering “a death spiral,” is still awaiting a vote in the Texas Senate. TRTA will […]

CSHB 3976 Placed on Senate Intent Calendar, Budget Still Pending

Earlier this week, CSHB 3976, the TRS-Care retiree health insurance reform bill proposed by Chairman Trent Ashby (R-Lufkin) and Chairman Joan Huffman (R-Houston), passed out of the Senate State Affairs committee. As our members may recall, during the committee meeting on Monday, May 15, Senator Huffman added a committee substitute to the bill calling for […]