VICTORY! Actuarial Soundness Bill Sent to Governor

SB 1458 Passes House Unanimously: Actuarial Soundness Bill on the Way to Governor’s Desk! CLICK HERE TO SEND A THANK YOU NOTE TO YOUR LEGISLATORS (LET’S MAKE SURE THEY HEAR US ONE LAST TIME BEFORE THE SESSION ENDS!) Today, the Texas House adopted the final changes to SB 1458 (the “TRS actuarial soundness bill”), and […]

Senate Takes Final Vote SB 1458

Senate Adopts Conference Committee Report on SB 1458! House Action Pending, Budget Debate Ongoing The Texas Senate took final action unanimously adopting the conference committee report on SB 1458. Chairman Duncan and Senate/House conferees agreed on the following provisions: Keeps the 2004 and before cost of living increase–Almost 200,000 TRS retirees slated to receive the […]

SB 1458 Conferees Named

TRTA Evening Update SB 1458 Conferees Named The Senate and House are now negotiating over the different versions of SB 1458. As you remember, the House added several amendments to the original version of SB 1458. One of those amendments added an expanded cost of living increase for TRS retirees. Other amendments provided language for […]

SB 1458 Continues to Move Through the Process

SB 1458 Continues to Progress Senate Bill 1458, the Teacher Retirement System of Texas (TRS) “actuarial soundness” bill, continues to move through the legislative process. As we mentioned in our previous update, several amendments that were added to SB 1458 as it was debated in the House of Representatives must be discussed and negotiated before […]

House Passes SB 1458 on 3rd Reading

SB 1458 Passes in the Texas House Please Click Here to Send a “Thank You” Note to your State Representative The Texas House of Representatives passed SB 1458 unanimously on third reading today. The Teacher Retirement System of Texas (TRS) “actuarial soundness” bill will now head to a conference committee, where differences between the final […]

TRTA Negotiates Expanded COLA

TRTA Breaking News: Expanded COLA Amendment SB 1458 Will Be Heard in the House Today! TRTA members and friends, the day is here! SB 1458, the Teacher Retirement System of Texas (TRS) actuarial soundness bill, will be heard on the House floor today for a vote! TRTA has been working very closely with Representative Bill […]

Actuarial Soundness Bill Passes House Unanimously

Unanimous Support! SB 1458 Adopted in House Send Your Texas House Member a “Thank You” email! Click Here! The Texas House of Representatives unanimously adopted SB 1458 today. The “actuarial soundness” legislation received a number of amendments before being adopted, one of which expands the cost-of-living increase to TRS members who retired in 2004 or […]

Actuarial Soundness Bill Ready for Action Tomorrow

SB 1458 in Texas House Tomorrow—Phone Calls Needed TRTA Call Your Legislator Hotline: 1.888.674.3788 Dear TRTA Members and Friends, You have done a great job expressing the importance of SB 1458. Your TRTA legislative team has visited with every House member, asking for their support. We know you have too, and the work is paying […]

Actuarial Soundness Bill Set for Friday

Update on SB 1458 Actuarial Soundness Bill will be Heard Friday: Call your Representative Now! Click here to send an email (new email messaging!) The Texas Retired Teachers Association (TRTA) continues to push Senate Bill 1458, the legislation that would make the Teacher Retirement System (TRS) pension fund actuarially sound and provide over 100,000 retirees […]

TRTA Alert: House Action Needed on SB 1458

TRTA Member Alert: This Week Vital for Achieving Major Legislative Goals Updated TRTA Email Campaign, Click Here//TRTA Call Your Legislator Hotline 1.888.674.3788 (find out who represents you, click here) Last week was a turning point for all TRS members. A bill (SB 1458) aimed at the long-term funding of the Teacher Retirement System (TRS) defined […]