The TRS-Care Study Group released its report today on the TRS-Care shortfall in a 200-page report. The report features letters from legislators, recommendations on the future of TRS-Care and background information.
The Texas Retired Teachers Association (TRTA) will have a comprehensive overview for our members by tomorrow.
You can access the report here. The basis for the study group’s recommendations is the idea that no additional revenue will be available for TRS-Care. The recommendations suggest retirees will shoulder the increased costs associated with the $1.3 billion budget shortfall.
We will breakdown what these proposed options mean and how they may impact TRS-Care participants.
It is vital for TRTA members to understand that TRS-Care changes will not take place until next year. Your current benefits are safe. However, the Texas legislative session begins in January. TRS-Care’s future will be decided from January to June next year.
TRTA is prepared to work every day to protect your health care program. Thank you for your membership to TRTA. We need you more than ever as we face this difficult challenge!