Senate Bill 7 has been placed on the calendar for debate on the House floor tomorrow, August 27. SB 7 would provide a supplemental payment to eligible TRS retirees.
What it means. SB 7, if passed, would authorize a supplemental payment to retired educators equal to the lesser of a retiree’s current monthly annuity or $2,400 dollars. In addition to authorizing the payment, the Legislature is appropriating $701 million in General Revenue, which would be provided by House Bill 5 by Rep. Greg Bonnen (R – Friendswood). HB 5 isn’t on the calendar for debate yet.
Senate Bill 7, which passed out of the House Appropriations Committee earlier this week, has now been set for a debate and vote on the House floor tomorrow, August 27. The floor session will begin at approximately 10:00 a.m. and a live feed of the debate will be available from this website once it starts.
What you can do. Use our Action Alert to contact your Representative.
TRTA supports SB 7 and HB 5. We have worked in both special sessions to help get these bills passed. TRTA also supports Legislative action to address a cost-of-living increase for retired educators as soon as possible.
Stay tuned to TRTA updates as the bill progresses tomorrow as well as updates on HB 5!
Please stay tuned to the Inside Line for news, as well as information about bills that are filed and urgent Action Alerts that will be needed on our vital issues!
TRTA members, this is a friendly reminder that it’s time to pay your membership. Please help us keep TRTA strong! TRTA focuses solely on your TRS retirement security! The $35 annual membership fee you invest in TRTA is money well spent. It keeps this organization strong, active, vocal, and visible here in Texas and in Washington, DC! Please join us today! If you’re already a member, be sure to renew your dues.
Thank you for being a member of TRTA and supporting issues that affect retired Texas public school personnel. Be sure to download the TRTA app to receive all of the latest updates and communicate with your fellow retirees.