Legislative Updates

TRS Board Meets to Discuss Condition of Pension Fund, Legislative Study on Health Care

The Teacher Retirement System of Texas (TRS) Board of Trustees met this week on December 1 to discuss topics such as the actuarial valuation of the pension fund, the current state of the TRS-Care retiree health insurance program, and the conclusions provided by the Legislative Interim Study Group regarding retiree health care.

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TRTF Making A Difference: Teacher Grants In Action

Allen Hubbard lives for the excitement of the classroom. When students walk through the door, Hubbard’s infectious energy sparks the curiosity of his students’ budding minds.

As a physics teacher at Akins High School in Austin, Texas, Hubbard manages the thin line between education and frenzy as he works to instill his passion into the hearts of his students.

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Happy Thanksgiving from TRTA and TRTF!

The Texas Retired Teachers Association (TRTA) and the Texas Retired Teachers Foundation (TRTF) wish all of our members and friends a very joyful Thanksgiving!

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TRTA Member Alert: Legislative Study Group Releases Health Insurance Report, Retirees to Bear Burden of Growing TRS-Care Costs

The Texas Retired Teachers Association (TRTA) appreciates the work of the members of the interim committee, as well as their diligence in releasing the report prior to January’s 85th Legislative Session.

TRTA has stated for years that TRS-Care and TRS-ActiveCare are in trouble, and this report confirms our belief. The report says “continuing to fund (TRS-Care) on a biennial basis is no longer feasible because costs continue to rise at an alarming rate.”

TRTA retirees are extremely grateful for the health care program provided by the Teacher Retirement System of Texas (TRS). The partnership between all involved parties is what has made this important benefit available for retirees. Unfortunately, this report’s primary recommendation is to put the burden of change, the impending $1.3 to $1.5 billion budget shortfall, on retirees. 

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TRS-Care Study Group Releases Its Interim Report, Changes Likely Imminent For TRS-Care

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.

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Making a Difference: TRTF Offers New Beginning Teacher Scholarships!

As our members may know, November has been designated by the Texas Retired Teachers Association (TRTA) Board of Directors as Foundation Month, a time to increase awareness of our charitable partner organization’s programs, good deeds, and plans for the future!

Just in time for Foundation Month, the Texas Retired Teachers Foundation (TRTF) is pleased to announce its newest program, Beginning Teacher Scholarships!

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TRTA at the Texas Public Policy Foundation: Defending Your Public Pension Plan!

On Thursday, November 10, the Texas Retired Teachers Association (TRTA) attended and spoke during the Texas Public Policy Foundation (TPPF) event Rethinking Retirement: Solutions to Secure Texas' Public Pension Plans.

Representing TRTA on two separate panels were Executive Director Tim Lee and Retirement Consultant and former Executive Director of the Teacher Retirement System of Texas (TRS) Ronnie Jung.

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Welcome to Foundation Month

Foundation Month, designated by the Texas Retired Teachers Association (TRTA) Board of Directors as November, is a time to increase awareness of our charitable partner organization’s programs, good deeds, and plans for the future!

Foundation Month is also when the Texas Retired Teachers Foundation (TRTF) makes its annual call for donations. It is a time to give back to the education community and reflect on the great legacy of public education.

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Thank You For Getting Out the Vote In 2016

TRTA would like to extend its sincerest gratitude to the education community for all of its hard work during the 2016 election cycle. From the primaries to yesterday’s election, retired and active educators worked tirelessly throughout the state to send informed voters to the polls and promote active participation in our democracy.

Thank you for spreading the word to family, friends and the education community at large, and for volunteering in countless ways to help other Americans vote. Most of all, thank you for getting out the vote.

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TRTA Member ALERT: Medicare Part B Premiums to Rise in 2017!

Members of the Texas Retired Teachers Association (TRTA) may have heard that premiums for Medicare Part B, which covers doctor visits and other outpatient care, are projected to rise in January 2017.

Our members may recall that last year, due to there being no cost-of-living adjustment (COLA) for Social Security beneficiaries, premiums were estimated to increase by 50 percent for 2016 for about 30 percent of Medicare Part B participants. That situation was rectified, in part, by a one-time infusion of funds from Congress in the amount of $7.5 billion. Premiums still increased for many participants from the standard $104.90 monthly rate to $121.80 in 2016, however.

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