TRTA Reviews Final TRS-Care Sustainability Study
The Teacher Retirement System of Texas (TRS) finalized its sustainability study of the TRS-Care retiree health insurance program last week. Earlier this year, the Texas Retired Teachers Association (TRTA) reviewed the possible options as the study progressed and received feedback from thousands of our members. TRS-Care is facing a funding shortfall of nearly $750 million, […]
TRTA Wishes You a Happy Thanksgiving
Dear Inside Line Subscribers, I love the Thanksgiving holiday. Of course, I love being with family, enjoying the food and watching football! As we begin to celebrate the Thanksgiving holiday at TRTA, I wanted to let you know that we have finished our update on the TRS-Care Sustainability Study and will send it out on […]
TRS Pension Fund Healthy, Actuarially Sound
The Teacher Retirement System of Texas (TRS) Board of Trustees met this week in Austin to discuss several issues, including the actuarial valuation of the pension fund. There is a lot of good news about the TRS pension fund to share with our members. TRS reported the pension fund is at a healthy $130 billion. […]
Federal Legislation to Repeal Windfall Elimination Provision (WEP) Introduced
Last week, two members of Congress, Representative Kevin Brady of Texas and Representative Richard Neal of Massachusetts, introduced H.R. 5697, the Equal Treatment of Public Servants Act. The bill, if passed, would repeal the Social Security Windfall Elimination Provision (WEP), and replace it with a more fair formula helping those who have been impacted by […]
Legislative Action Takes Center Stage
Texas Retired Teachers Association (TRTA) members are already hard at work preparing for legislative session. Reports from all over the state are arriving in our office about TRTA members organizing and meeting with legislators before the start of the legislative session. As I have said to many of the TRTA members and active educators I […]
Texas Election Recap, Time to Get Ready for the 84th Legislative Session!
Yesterday was Election Day in Texas. Texans elected a new Governor and a new Lieutenant Governor, as well as multiple new State Senators and Representatives and other elected officials. (For a complete list of election results, please visit this link). Legislators who have served before and those who have just been elected for the first […]
Texas Retired Teachers Foundation: Building a Brighter Future
Support the Foundation by viewing and sharing their fifth video! The Texas Retired Teachers Foundation (TRTF) donated $6,500 to Restore West ISD, a project dedicated to rebuilding the schools of West, Texas, which were destroyed in a fertilizer plant explosion in April, 2013. You can help continue TRTF’s a charitable works by sharing this video […]
Texas Retired Teachers Foundation: A Home for Educators
Support the Foundation by viewing and sharing their fourth video! Tim Lee, the Executive Director of the Texas Retired Teachers Association (TRTA), started his job just as TRTA opened the doors to its permanent home. The building was the product of years of hard work and fundraising by the Texas Retired Teachers Foundation (TRTF). The […]
Texas Retired Teachers Foundation: Paving the Way for Active Teachers!
Support the Texas Retired Teachers Foundation by viewing and sharing this video! The Texas Retired Teachers Foundation (TRTF) provided Angie Lassiter, a bilingual teacher, a $500 grant to purchase new books for her elementary school classroom. In this video, Lassiter explains how receiving the grant allows her to do her job. TRTF’s Foundation Month is […]
Texas Retirement System Finalizes TRS-Care Sustainability Study
The Teacher Retirement System of Texas (TRS) Board of Trustees met today (Friday, October 17) to discuss findings from the recently finalized sustainability study of the TRS-Care retiree health insurance program. The Texas Retired Teachers Association (TRTA) attended the meeting, and Executive Director Tim Lee provided public comment regarding the imminent funding gap the insurance […]