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08 Mar 2016
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Thanks for Voting! What’s Next for TRTA Members?

Yesterday, thousands of voters turned out for the Texas Primary Election on Super Tuesday. According to the Texas Tribune, “more than 4.2 million Texans turned out to vote in the Republican and Democratic primary presidential elections, about 30 percent of registered voters.” We know that many of our members and their fellow retirees are a part of this dedicated group of people!

As the Texas Retired Teachers Association (TRTA) has reiterated over the past several weeks, many elections in Texas, particularly for seats in the Texas Senate and House, are decided during the Primary Election and not during the November General Election. A complete list of results from yesterday’s primary can be found here.

While many races now have narrowed down the list of candidates for the Republican and Democratic seats to one contender, there will be several runoffs that our members should keep an eye on.

The Primary Runoff Election will be held on Tuesday, May 24, 2016. Early voting will begin on Monday, May 16, 2016 and continue through Friday, May 20. Details about mail-in ballots and voter registration can be found here.

While the turnout for Super Tuesday was better than anticipated, it is common for voters to skip the Primary Runoff Election. TRTA wants our members to know that YOUR VOTE MATTERS even more in the Primary Runoff!

If you live in an area where there will be a Primary Runoff, get early voting on your schedule NOW!

Runoff Elections to Watch

TRTA will be following several races closely as the runoffs draw near.

Texas Senate Primary Runoff Races

Senate District 1
Senator Kevin Eltife is retiring. Republican candidates facing each other in the primary runoff are: Bryan Hughes and David Simpson. There are no Democratic candidates vying for this seat.

Senate District 24
Senator Troy Fraser is retiring. Republican candidates facing each other in the primary runoff are: Dawn Buckingham and Susan King. Democratic candidate Virginia Leeder won the Democratic primary.

Texas House Primary Runoff Races

House District 5
Representative Bryan Hughes has stepped down to run for the Texas Senate. The following Republican candidates will face each other in the primary runoff election: Cole Hefner and Jay Misenheimer. There are no Democratic candidates vying for this seat.

House District 18
Representative John Otto is retiring. The following Republican candidates will face each other in the primary runoff election: Ernest Bailes and Keith Strahan. There are no Democratic candidates vying for this seat.

House District 54
Representative Jimmie Don Aycock is retiring. The following Republican candidates face each other in the primary runoff election: Austin Ruiz and Scott Cosper. Sandra Blankenship won the Democratic primary.

House District 73
Representative Doug Miller faces challenger Kyle Biedermann in the Republican primary runoff. There are no Democratic candidates vying for this seat.

House District 128
Representative Wayne Smith faces challenger Briscoe Cain  in the Republican primary runoff. There are no Democratic candidates vying for this seat.

TRS-Care Now Major Focus of TRTA Activities

TRTA is now shifting much of its focus to the upcoming TRS-Care Joint Committee Meeting. As we mentioned in an Inside Line last week, the first meeting of the joint committee is planned for 2:30 p.m. on Wednesday, March 30, 2016 in Room E1.028 (Hearing Room) of the Texas Capitol.

Teacher Retirement System of Texas (TRS) Executive Director Brian Guthrie reported last week that the TRS-Care health insurance program will have a negative fund balance by the end of the current biennium, facing a shortfall even greater than the one experienced in 2015. That shortfall is projected to be $1.5 billion when the next legislative session begins in 2017.

During the 84th Legislative Session in 2015, TRS-Care’s shortfall of $768 million was addressed with supplemental funding through House Bill 2. As Guthrie stated during last week’s meeting, “it is unlikely that those sources of revenue will be available again” during the 2017 session.

The select joint committee formed by the Texas Legislature will investigate this issue, meeting during the interim to discuss solutions to the TRS-Care crisis.

The legislative members named to this group are: Senators Joan Huffman (R-Houston) – Co-Chair, Jane Nelson (R-Flower Mound), and Craig Estes (R-Wichita Falls); and Representatives Dan Flynn (R-Canton) – Co-Chair, Trent Ashby (R-Lufkin), and Justin Rodriguez (D-San Antonio).

Progress on TRS-Care will happen in 2016 and it will happen quickly. TRTA needs your participation in every step of this process! Please stay tuned to the Inside Line for updated information about how you can participate in this upcoming meeting.

The reality of systemic changes to TRS-Care must be faced head on. It is possible that your premiums may increase or your benefits may change, or both! TRS-Care is a top priority for TRTA as we head full steam into 2016.

Please continue to stay vigilant and alert!

Thank You

Thank you for being a member of TRTA! If you are not a member and are interested in joining, please contact our Membership Department at 1.800.880.1650.

Protecting your retirement benefits is one of TRTA’s top priorities, and your participation makes all the difference! Be sure to stay tuned to our other digital mediums to stay informed on all the latest news and updates. Like us on Facebook, follow us on Twitter and subscribe to our YouTube channel.

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26 Feb 2016
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Push to the Polls: Primary Season Begins

The NFL Super Bowl may occur on the first Sunday of each February, but for the Texas Retired Teachers Association (TRTA), our Super Bowl occurs every other year in mid-February. We are, of course, referring to the Texas Primary Elections!

Early voting began today, and the stakes couldn’t be higher!

TRS-Care, the health care program provided by the Teacher Retirement System of Texas (TRS), will require a massive funding overhaul during the 2017 Texas Legislative Session to remain solvent. The impending funding shortfall for this vitally important program that more than 240,000 retired educators rely upon could be upwards of $1 billion.

Now is the time to get in the game! It may be the first quarter, but your vote will make a difference in the Texas primaries! Active educator associations are banding together to make a difference, and TRTA is joining in the rally cry. The outcomes of the 2016 Texas elections will not be determined in November, but in February and March.

Remember, early voting continues through February 26 and Primary day is March 1. Don’t wait to vote! Make voting in the primary elections a top priority today!

Are you unsure of whom to vote for? Use our “Good Voter Health” series to catch up on how to research your candidates. Communicating with your fellow retirees can be one of the best ways to stay informed about where candidates stand on important issues. Local unit meetings are happening all over the state. Find yours and get involved!

Thank You

Thank you for being a member of TRTA! If you are not a member and are interested in joining, please contact our Membership Department at 1.800.880.1650.

Protecting your retirement benefits is one of TRTA’s top priorities, and your participation makes all the difference! Be sure to stay tuned to our other digital mediums to stay informed on all the latest news and updates. Like us on Facebook, follow us on Twitter and subscribe to our YouTube channel.

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25 Feb 2016
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TRS Board of Trustees Discusses Goals for TRS-Care in 2016, Legislative Interim Charges

The Teacher Retirement System of Texas (TRS) Board of Trustees continued its meeting in Richardson today, focusing much of their conversation and reporting on the TRS-Care retiree health insurance program.

TRS Chief Health Care Officer Katrina Daniel made a presentation about internal efforts to provide efficient administration of the TRS-Care plan, as well as financial oversight and cost-containing measures.

Some of those cost-containment measures include continued negotiations with the Medicare Advantage and Medicare Part D vendors to receive favorable terms. This helped save the program $44 million in FY 2015. TRS also reviewed the costs and potentially wasteful or fraudulent activities that may be associated with certain compound drugs.

For 2016, the department’s major objectives include having a successful working relationship with the joint interim legislative committee established by Senate Bill 1940 in 2015, strengthening the agency’s data analytics, contact oversight and governance, use data to improve data-driven decision making in health care, enhance consumerism by improving communications with the TRS membership, and developing an internal strategic plan to help the department maintain its focus on priorities.

Ms. Daniel reported on some of the continuing challenges facing TRS-Care that drive up the cost of the program.

Medical and pharmacy costs continue to rise, and there are even dramatic increases in prices for generic drugs now. TRS-Care continues to have more participants and more usage. As the TRS-Care population continues to age, utilization also increases. As we have heard in the past, the greater costs to the program stem from non-Medicare eligible participants, as TRS-Care is the first payer until participants are 65 and Medicare becomes first payer.

TRS-Care continues to try and balance program accessibility with cost. More access creates more cost, but limiting the system is not good for the participants.

Ms. Daniel reiterated a statement made in yesterday’s meeting by TRS Executive Director Brian Guthrie, stating that “funding streams for TRS-Care are in no way related to the increasing costs of health care.” As our members may know, funding for the program is based on a percentage of active educator payroll, which has tended to decline in recent years. As contributions to the program are not based on health care industry trends, this funding mechanism continues to be a problem. Right now, the state contribution to TRS-Care is 1 percent of active teacher payroll.

As TRS internally looks at ways to contain costs, such as creating integrated health care across disciplines to achieve an expected high value outcomes and looking at alternatives such as telemedicine, the funding mechanism for TRS-Care will still have to be a primary focus of consideration for the joint interim legislative committee. A wide array of options will be needed to wrangle the cost of health care for Texas’ public education retirees.

Legislative Interim Charges Will Impact TRS-Care, Pension Fund

Ray Spivey, Director of Governmental Relations and Merita Zoga, Assistant Director of Governmental Relations reviewed legislative interim charges for various committees and how they will impact TRS and its members.

As we mentioned yesterday, the joint interim committee consists of the following legislative members: Senators Joan Huffman (R-Houston) – Co-Chair, Jane Nelson (R-Flower Mound), and Craig Estes (R-Wichita Falls); and Representatives Dan Flynn (R-Canton) – Co-Chair, Trent Ashby (R-Lufkin), and Justin Rodriguez (D-San Antonio).

The findings from this committee are due to the Texas Legislature on January 15, 2017. The first meeting of the joint committee is planned for 2:30 p.m. on Wednesday, March 30, 2016 in Room E1.028 (Hearing Room) of the Texas Capitol. TRTA will report additional details as they become available.
The focus of the committee is to examine and assess: the financial soundness of the TRS-Care and TRS-ActiveCare plans; the cost and affordability of plan coverage; and the sufficiency of access to physicians and health care providers under the plan.

Spivey and Zoga reviewed interim charges for various other legislative committees, including many that TRTA reviewed at the end of 2015 in this Inside Line article.

Of particular interest to our members is House Appropriations Committee charge 6, which will “examine issues and costs associated with granting cost-of-living adjustments or ‘13th Checks’ to retired state employees and teachers.”

In 2007, TRS annuitants received a one-time 13th check. While an attempt was made to provide TRS retirees with another 13th check in 2009, ultimately, the payment was not approved.

While the status of the pension fund’s solvency cannot be predicted at this time, this discussion opens the door for conversations with legislators about the possibility of a supplemental check for retirees in 2017.

In regards to TRS-Care, House Appropriations Committee charge 7 will “monitor the implementation of HB 2 (84R) as it pertains to the short-term funding provided to TRS-Care, evaluate additional methods to address the health care needs of retired teachers in light of the current health insurance market, including the feasibility and costs associated with retired teachers not eligible for Medicare remaining on a school district’s health care plan until Medicare eligible.”

The Pensions Committee has several charges pertaining to monitoring the financial markets and investment performance of the TRS pension fund that you may read more about here.

Of note for our members is the charge to the Senate State Affairs Committee to “examine the practice of using public funds and employees for the payment processing of union dues.” This is in reference to Senate Bill 1968, which did not pass during the 84th Legislative Session. Senators will review whether or not active and retired public employees can pay dues voluntarily to state associations or organizations from their monthly paychecks.

TRS Continues Meeting Friday, TRTA Members Encouraged to Attend

The TRS Board of Trustees will continue to meet this Thursday and Friday in Richardson at the Region 10 Educational Service Center, 1st Floor, Collin, Dallas, and Ellis Rooms, 400 East Spring Valley Road, Richardson, TX 75081.

TRTA encourages members to attend this meeting in person if they live in the area. You may read the board’s agenda items here.

If you are unable to attend in person, you may view the meetings online via live webcast. Please note that the links below will not be live until the meetings begin for the day. For meeting start times, please view the agenda linked above.

Here is the link to Friday’s video stream.

Thank You

Protecting your retirement benefits is one of TRTA’s top priorities, and your participation makes all of difference! Be sure to stay tuned to our other digital mediums to stay informed on all the latest news and updates. Like us on Facebook, follow us on Twitter and subscribe to our YouTube channel.

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