Texas Senate Passes Senate Bill 10

Today, May 27, 2023, the Texas Senate passed Senate Bill 10 in its amended form after being deliberated by a conference committee of Senators and Representatives over the past several weeks. The bill must receive a final vote from the Texas House before being sent to the Governor.

As members of the Texas Retired Teachers Association (TRTA) know, SB 10 is the bill that includes the supplemental payment/stipend amounts and percentages of the cost-of-living adjustments (COLAs) for eligible Teacher Retirement System of Texas (TRS) retirees.

The Legislature is designating $5 billion in state funding to support the COLA and supplemental payments. This is more than what the Senate and House plans originally proposed. TRTA has worked closely with House and Senate leaders this session to get the best deal possible.

Below is a summary of the stipend amounts and COLA percentages included in the bill:

SB 10 Overview

One-time Supplemental Payments/Stipends Eligibility

*(must be within specified age group on any day in the calendar month before the payment is made, payment expected in September 2023)

TRS retirees age 70-74*                    $2,400

TRS retirees age 75 and older*         $7,500

Cost-of-Living Adjustments (COLAs) Eligibility
*(contingent upon the passage of HJR 2 constitutional amendment; if approved by voters in November 2023, COLAs would start in January 2024)

–retired September 1, 2013 through August 31, 2020*   2%

–retired September 1, 2001 through August 31, 2013*   4%

–retired on or before August 31, 2001*                              6%


As Senator Joan Huffman laid out the conference committee report on SB 10, she stated that the 2% COLA would impact approximately 150,000 TRS retirees, the 4% COLA would impact approximately 195,000 TRS retirees, and the 6% COLA would impact approximately 75,000 TRS retirees.

Senator Huffman also stated that the $7,500 stipend will impact approximately 186,000 TRS retirees and the $2,400 stipend would impact approximately 104,000 TRS retirees.

SB 10 passed the Senate with a vote of 31 ayes and no nays.

As a reminder, a revised version of HJR 2, a measure that would require constitutional authorization for the Legislature to fund a COLA for eligible TRS retirees, passed both the Senate and House earlier this week. Constitutional authorization is necessary for the Legislature to fully fund a COLA and avoid any issues with the state’s constitutional spending cap limits. The amendment will appear on the November ballot later this year.

Thank you to all of our Texas Senators, Lieutenant Governor Dan Patrick, and Senator Joan Huffman for your work on Senate Bill 10.

TRTA will update our members once final action has been taken in the Texas House on SB 10.

Thank you for your membership to TRTA! If you haven’t already, please renew your dues or ask a friend to join!


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