Category Archives: TRS

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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14 Dec
0

TRS Board of Trustees Meets, Discusses Pension Fund Valuation

Executive Summary: TRS pulled in a 7.7 percent return on its investments this year. TRS lowered its rate of return assumption from 8 percent to 7.25 percent earlier this year. The Legislature must work with stakeholders to achieve actuarial soundness ...

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