{"id":59793,"date":"2021-03-19T17:04:59","date_gmt":"2021-03-19T22:04:59","guid":{"rendered":"https:\/\/trta.org\/?p=59793"},"modified":"2021-03-19T17:04:59","modified_gmt":"2021-03-19T22:04:59","slug":"trta-provides-a-cola-update-via-facebook-live-and-youtube","status":"publish","type":"post","link":"https:\/\/trta.org\/es\/trta-provides-a-cola-update-via-facebook-live-and-youtube\/","title":{"rendered":"TRTA Provides a COLA Update Via Facebook Live and YouTube"},"content":{"rendered":"<p>Members of the Texas Retired Teachers Association (TRTA) heard from Executive Director Tim Lee today on Facebook Live and YouTube about a potential cost-of-living adjustment!<\/p>\n<p>Now is the time to fight for a COLA! TRTA believes that the Legislature can pass a 6 percent COLA for retirees, capped at $100 per month. Legislation has been filed to move a COLA forward.<\/p>\n<p>On Monday, TRTA will be sending out an Action Alert about this issue!<\/p>\n<p>The following bills need as many cosponsors as possible to help pass a much-needed COLA:<\/p>\n<ul>\n<li>SB 2092<\/li>\n<li>HB 3214<\/li>\n<li>HB 3206<\/li>\n<\/ul>\n<p><iframe title=\"reproductor de videos de youtube\" src=\"https:\/\/www.youtube.com\/embed\/5CO9xpc5R1Y\" width=\"500\" height=\"450\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>TRTA members have spent years advocating for an improved funding policy on the Teacher Retirement System of Texas (TRS) and legislators have responded. The door for a COLA is open! TRS has the financial ability to fund a COLA because the Texas Legislature followed through on promises made in 2019.<\/p>\n<p>TRS retirees have not received a permanent annuity increase since 2013, and that COLA applied only to retirees who retired on or before August 31, 2004.<\/p>\n<p><strong>The annual payout for the COLA is less than one-third of what TRS pays out in external investment management fees and is about two-tenths of 1 percent of the value of investments and that amount decreases each year<\/strong>.<\/p>\n<p>Help us pass COLA legislation by contacting your legislators! Ask them to be a co-sponsor on the bills listed above.<\/p>\n<h2 class=\"null\"><strong>RSVP to Zoom to the Capitol Today!<\/strong><\/h2>\n<p>For now, please <a href=\"https:\/\/trta.org\/es\/dac2021\/\" data-cke-saved-href=\"https:\/\/trta.org\/dac2021\">be sure to RSVP by clicking this link<\/a>. Your RSVP ensures you will receive the Zoom meeting links for all live TRTA events being hosted during the week of April 5 and any virtual advocacy materials you may need!<\/p>\n<p>To RSVP, please <a href=\"https:\/\/trta.org\/es\/dac2021\/\" data-cke-saved-href=\"https:\/\/trta.org\/dac2021\">log in<\/a> using your TRTA Member ID number (found on the back of <em>La voz<\/em>) and password. For most users, your password is trta123 (all lowercase, no spaces). If you need assistance resetting your password, please contact the membership department at <a data-cke-saved-href=\"mailto:membership@trta.org\">membership@trta.org<\/a> or call 1.800.880.1650.<\/p>\n<h2><strong>Gracias<\/strong><\/h2>\n<p>Thank you for being a member of TRTA! Be sure to <a href=\"https:\/\/trta.org\/es\/trta-app\/\" data-cke-saved-href=\"https:\/\/trta.org\/trta-app\/\">download the TRTA app<\/a> to receive all of the latest legislative updates.<\/p>","protected":false},"excerpt":{"rendered":"<p>Members of the Texas Retired Teachers Association (TRTA) heard from Executive Director Tim Lee today on Facebook Live and YouTube about a potential cost-of-living adjustment! Now is the time to fight for a COLA! TRTA believes that the Legislature can pass a 6 percent COLA for retirees, capped at $100 per month. Legislation has been [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-59793","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TRTA Provides a COLA Update Via Facebook Live and YouTube - Texas Retired Teachers Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trta.org\/es\/trta-provides-a-cola-update-via-facebook-live-and-youtube\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TRTA Provides a COLA Update Via Facebook Live and YouTube - Texas Retired Teachers Association\" \/>\n<meta property=\"og:description\" content=\"Members of the Texas Retired Teachers Association (TRTA) heard from Executive Director Tim Lee today on Facebook Live and YouTube about a potential cost-of-living adjustment! 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