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 […]
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 Teacher Retirement System of Texas (TRS) Board of Trustees are scheduled to meet on July […]
El Comité de Pensiones de la Cámara de Representantes se reunirá en Dallas el 10 de mayo
El Comité de Pensiones de la Cámara de Representantes se reunirá en Dallas el 10 de mayo El Comité de Pensiones de la Cámara de Representantes de Texas se reunirá en Dallas el jueves 10 de mayo y tratará una variedad de temas relacionados con los jubilados de la educación pública de Texas. La Asociación de Maestros Jubilados de Texas (TRTA, por sus siglas en inglés) alienta a todos los miembros que viven en el área de Dallas a asistir […]
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 […]
Sign TRTA’s Online Petition Encouraging the Texas Legislature to Fund the TRS Pension Plan
The Teacher Retirement System of Texas (TRS) is considering changing its rate of return assumption from 8 percent to 7.25 percent. The practical implications of this change would have an impact on future cost-of-living adjustments for retired educators. By lowering the rate of return assumption to 7.25, TRS would need to request an increase of […]
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 that provides retirement income for Texas public education retirees. TRTA has heard from many members […]
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 […]