On Thursday, May 4, 2023, the Texas Senate appointed conferees for Senate Bill 10, the bill that is currently under consideration by the Legislature to provide eligible Teacher Retirement System of Texas (TRS) retirees with a cost-of-living adjustment (COLA) and supplemental payment.
The following Senators will serve on this conference committee, along with yet to be named Representatives from the Texas House, to negotiate the differences between the original version of SB 10 passed in the Senate and the amended version of SB 10 passed by the House: Senators Joan Huffman (Chair), Donna Campbell, Juan “Chuy” Hinojosa, Lois Kolkhorst, and Robert Nichols.
Watch Tim Lee’s video discussing the conferees being named.
The Texas Retired Teachers Association (TRTA) is pleased to learn that the Senate is ready to work with the House to determine the final version of SB 10. As TRTA has reported in other Inside Line articles, there are still many steps to be taken to pass a bill for TRS retirees.
With a little less than a month left in the legislative session that ends on May 29, things may still change with bill language. We expect to go until the end of session before a final version of the bill is passed and before we know with absolute certainty what percentage of COLA and what amount of supplemental payment may be included.
Click here to send a thank you to your legislators for making TRS retirees a priority this session and help us encourage them as they begin the final push to provide much-needed financial relief for our dedicated retired public educators.
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TRTA is the only group that focuses solely on your TRS retirement security! Please join us today!