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WEATHER ALERT

5 warnings in effect for 4 counties in the area

TEACHER RETIREMENT SYSTEM


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Texas Teacher Retirement System leader says Senate voucher proposal would not harm retirement funds

Read full article: Texas Teacher Retirement System leader says Senate voucher proposal would not harm retirement funds

A recent budget analysis noted the Texas Senate’s voucher bill could affect the fund if it leads students and teachers to leave public schools.

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Texas voters gave retired teachers raises and approved new infrastructure funds as most constitutional amendments passed

Read full article: Texas voters gave retired teachers raises and approved new infrastructure funds as most constitutional amendments passed

Voters approved a massive property tax cut and several other measures, but refused to raise the mandatory retirement age for judges.

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Proposition 9 would increase pensions for retired teachers and public school employees

Read full article: Proposition 9 would increase pensions for retired teachers and public school employees

If approved by voters on Nov. 7, the proposal would allocate $3.3 billion to the Teacher Retirement System of Texas, increasing pensions between 2% and 6%.

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No teacher raises. A failed school voucher push. Armed guards. Here’s what changed for public education this legislative session.

Read full article: No teacher raises. A failed school voucher push. Armed guards. Here’s what changed for public education this legislative session.

Lawmakers sacrificed school funding to block school vouchers, but the issue could be debated again in a special session. Districts will get new funds for school safety, though Uvalde families were ultimately left disappointed with inaction on gun restrictions.

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Texas Senate committee revamps school funding bill to revive voucher-like proposal

Read full article: Texas Senate committee revamps school funding bill to revive voucher-like proposal

The Senate education committee has drastically changed House Bill 100 after Gov. Greg Abbott signaled he would call a special session if a voucher-like program didn’t pass.

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Texas House advances bill that would give retired teachers a pension raise

Read full article: Texas House advances bill that would give retired teachers a pension raise

The proposed raise would be the first time in nearly 20 years that some retirees would get a cost-of-living adjustment.

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Texas lawmakers hope an investment in teacher training will help keep new educators in the classroom longer

Read full article: Texas lawmakers hope an investment in teacher training will help keep new educators in the classroom longer

A bill passed by the Texas House on Wednesday would also help schools rehire retired teachers and offer other incentives in an effort to fight the state’s teacher shortage.

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Texas’ teacher pension fund divested from investment firms accused of “boycotting” oil and gas industry

Read full article: Texas’ teacher pension fund divested from investment firms accused of “boycotting” oil and gas industry

The Teacher Retirement System of Texas was following a new state law targeting investment firms that seek to invest in companies that don’t worsen climate change.

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Retired Texas teachers closer to getting a “13th check” after House endorses legislation

Read full article: Retired Texas teachers closer to getting a “13th check” after House endorses legislation

The measure would allow for a one-time payment of up to $2,400 for retired teachers, counselors and other school staff.

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Extra money for retired teachers in a “13th check” at center of Republican-Democrat shouting match

Read full article: Extra money for retired teachers in a “13th check” at center of Republican-Democrat shouting match

On Tuesday, the Senate passed Senate Bill 7, which would provide retired teachers, counselors and school staff a one-time payment of up to $2,400 through the Teacher Retirement System of Texas.

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Texas’ Teacher Retirement System will not raise health premiums for retired teachers

Read full article: Texas’ Teacher Retirement System will not raise health premiums for retired teachers

The decision means TRS will need to ask the state for $238 million to keep the health insurance program running through 2021.

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