TRTA Action Alert – Bills Now In Senate and Need Our Support
TRTA Bills Head to the Senate Action Alert: Urge Your Senator to Bring the Bills for a Vote Three bills that TRTA pushed in the House have now been sent to the Senate for action before they can be sent to the Governor. Please Click Here to Email your Senator! We Need Their Support! HB […]
TRTA Bills Head to House Floor–We Need Your Help
Two TRTA Bills Set for Floor Action House Vote on Supplemental Payment Bill and TRS Board Composition set for Monday Click Here to Send an Email Supporting HB 3542 and HB 2120–Read complete update Below There is some good news for TRS retirees! Two bills are set on the Texas House Calendar for […]
TRTA Legislative Update Week End April 29, 2011
TRTA Updates: Comptroller Security Breach, Legislative Progress, and Budget Slow Down TRTA members reported that the CSIdentity website created to enroll TRS and other state workers/pensioners into a free credit monitoring program was having technical difficulties. A data field on the web enrollment form was not accepting information even though it was correctly entered. This […]
TRTA Action Alert: Support Senate Version of the Texas Budget
TRTA Action Alert Support the Senate Budget Recommendation The Texas Senate has recommended a budget plan that is far better to TRS retirees than the version passed by the Texas House. The Senate proposal was developed in large part by State Senator Robert Duncan (R-Lubbock). The highlights of Senator Duncan’s proposal to protect TRS […]
TRTA Inside Line April 19, 2011
Supplemental Payment Bill Heard in House Committee Legislation would use fund’s investment earnings to make payment Legislation authored by Representative Larry Gonzales (R-Round Rock) would provide Texas public education retirees with a supplemental payment similar to the one provided in 2008. The legislation intends to set some temporary benchmarks on when and how the payment […]
Senate Adjusts Budget Recommendations for TRS
Senate Recommendation Protects TRS-Care Senator Finance Committee Restores Funds for TRS-Care and TRS Pension Fund A proposal designed by Senator Robert Duncan (R-Lubbock) to protect TRS-Care participants from seeing a premium increase in the coming biennium, as well as restore over $100 million in funding for the TRS pension trust fund was adopted in […]
Private Information Compromised on Comptroller’s Web Site
Security Failure Comptroller’s Office Makes Statement An alarming statement was issued by the Office of Texas Comptroller Susan Combs yesterday. For over a year, that agency has left sensitive personal information about people in the Teacher Retirement System of Texas (TRS), the Texas Workforce Commission (TWC), and the Employees Retirement System (ERS) on an unsecured […]
TRS Pension Fund Soars Above $108 Billion
TRS Pension Fund Soars Above $108 Billion Benefits Guaranteed Through 2083 TRTA ACTION ALERT – CLICK HERE TO SEND AN EMAIL TO LEGISLATORS ABOUT PROTECTING YOUR PENSION AND HEALTH CARE BENEFITS. The Teacher Retirement System of Texas (TRS) released its February 28, 2011 valuationtoday. This report takes a snapshot of the fund’s value and provides […]
House Budget Work Moves Forward
House Appropriations Committee Discusses TRS Budget Full Committee Hears Testimony on Proposed Cuts TRTA Action Alert—Click Here to Send Email Now Asking Legislators to Restore TRS Funding. TRS-Care participants could see premium increases of 30 to 80 percent in the coming biennium! TRS pension funding is being cut by nearly $500 million. Action is needed […]
TRTA Inside Line Update on Defined Contribution
TRS Employees Should NOT have Been in Bill, says Representative Sheets House Bill 1974, filed by State Representative Kenneth Sheets (R, HD-107), calls for all new public employees (including active school employees) hired after September 1, 2012 to participate in a defined contribution plan rather than the current defined benefit plan. TRTA has spoken with […]