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 to all the TRS Trustees for their long deliberation of this issue. This decision did […]

Teacher Retirement System of Texas Votes 5-4 to Lower Rate of Return Assumption

All eyes turn to next session as pension and health care programs both need higher contribution levels. Executive Summary: TRS lowers rate of return assumption to 7.25 percent. Change to rate of return assumption doesn’t impact current retiree benefits. However, it will require the Legislature to provide additional funding for retirees to receive a cost-of […]

House Pensions Committee to Meet in Dallas May 10

House Pensions Committee to Meet in Dallas May 10 The Texas House Pensions Committee is scheduled to meet in Dallas on Thursday, May 10 and will discuss a variety of issues pertinent to Texas public education retirees. The Texas Retired Teachers Association (TRTA) encourages any and all members living in the Dallas area to attend […]

TRS Board Meets, Votes on Rate of Return Assumption

The Teacher Retirement System of Texas (TRS) Board of Trustees met today to discuss changing the rate of return assumption for the pension fund. The TRS Board of Trustees took two votes on changing the rate of return assumption. Neither vote passed. As a result, the board will postpone voting on the issue again until […]

TRS Board Holds Committee Meetings, Committee Recommends Changes to TRS-ActiveCare

The TRS Board of Trustees held committee meetings today. The five TRS Board committees discussed issues relevant to the full meeting tomorrow. The most pressing issue concerning TRS retirees is a change to the rate of return assumption, which was not discussed today, but will be voted on during tomorrow’s meeting. As previously reported, TRS […]

TRS Board to Meet April 19-20, Discuss Changes to Rate of Return Assumption

The Teacher Retirement System of Texas (TRS) Board of Trustees will meet April 19-20. The Board is set to take a vote on changing the rate of return assumption, a critically important factor in determining future cost-of-living adjustments for retired educators. You can watch the Board meeting here. The Board is expected to vote on […]

TRS Board Meets, Discusses Customer Services Issues, Rate of Return

Executive Summary: TRS Board of Trustees to vote on changing rate of return assumption in April. TRTA members and leadership provided testimony about the future of the pension fund. TRS provided presentations on the customer service issues, including increased phone call volume. TRS received presentations on changing the rate of return assumption. The Teacher Retirement […]