Category Archives: Update

27 Jul
0

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, ...

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24 Jul
0

TRS Board of Trustees Set to Meet July 26-27, Likely to Adopt Changes to Rate of Return Assumption

Executive Summary: Watch the TRS Board of Trustees Meeting on July 27. TRS Board is likely to reduce rate of return assumption. Texas will need to increase its contribution to TRS to ensure retirees can receive a cost-of-living increase. The ...

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23 Mar
0

Is TRS Really Reducing Their Assumed Rate of Return on the TRS Investments? What Does that Mean to Me?

As members of the Texas Retired Teachers Association (TRTA) may have read recently in an Inside Line article, the Teacher Retirement System of Texas (TRS) Board of Trustees is considering changing the rate of return assumption for the pension fund ...

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