Executive Summary:
- TRS Board of Trustees convene for the first time in new building.
- Deductibles for TRS-Care Standard plan will be raised by $50 for individuals starting next year.
- Premiums for both TRS-Care Standard and TRS Medicare Advantage plans will remain the same.
- Member rewards program launching for TRS-Care standard plan.
- TRS-Care health education seminars returning this fall.
- Dick Nance’s term as a Trustee ends after eight years of service.
The Teacher Retirement System of Texas (TRS) Board of Trustees met on Thursday, July 17, and Friday, July 18. The meeting represented the first of its kind in the newly opened TRS building, now located on 4655 Mueller Blvd in Austin. The new headquarters officially opened to the public on May 20.
TRS-Care Changes
Premiums for TRS-Care Standard plan and the TRS Medicare Advantage plan will remain the same for the upcoming year.
However, the Board of Trustees raised the deductible amount for the TRS-Care standard high deductible plan by $50 for individuals to $1,700 and by $100 to $3,400 for family to match IRS requirements related to HSA programs.
Member Rewards for TRS-Care Standard
TRS-Care Standard participants will now have access to Member Rewards. According to TRS, starting on Sept. 1, 2025, participants can earn up to $599 annually when they see high-quality, low-cost providers. More information on this program is coming soon.
For more information, visit TRS-Care Resources.
TRS-Care Health Education Fairs Are Coming Soon
TRS is bringing back its Health Education Fairs. These events are an opportunity to learn more about your health care benefits and connect with TRS representatives. Sign-ups are available here.
If you’re unable to join in-person, you can sign up for a webinar to get a refresher on your plan benefits. The webinar schedule is available here.
Dick Nance’s Term as a Trustee Ends After Eight Years of Service
The board offered a resolution honoring long-time TRTA member and leader Dick Nance for his service as a TRS Board member. Nance served for as a board member for the last eight years, two years past his term, and is deeply appreciated for his excellent service and representation of TRS retirees during his term.
The election for Mr. Nance position was held two years ago at the end of his term. The three candidates with the highest vote totals have been sent to Governor Greg Abbott and await his appointment.
Executive Note From Tim Lee:
Dick Nance is a remarkable leader and a dear friend.
I have had the privilege of knowing him for many years, and we are all proud of the work he has done and the service he has given to TRS members during his time on the TRS Board of Trustees.
TRS has faced some of its greatest challenges—and celebrated some of its most significant achievements—during Mr. Nance’s tenure. Through both difficult times and major milestones, Dick consistently represented the interests of his fellow TRS retirees and all pre-retirees with integrity and commitment.
We all owe Dick Nance a deep debt of gratitude. He has served Texas, TRS, public education employees, and retirees with selfless dedication and genuine respect for those he represented.
Thank you, Dick and Beverly Nance, for your service.
It has not gone unnoticed, and we are all better because of your leadership and advocacy as the TRS Retiree Representative on the Teacher Retirement System of Texas Board of Trustees.
Thank You!
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