Tell the TRS Conference Committee: The House Plan is the Way to Go!
A small group of senators and representatives is about to settle the terms for improving the Teacher Retirement System, and we need your help sending a message to this conference committee: The House plan for TRS is the best plan!
The House and Senate each designed plans for improving TRS – but only the House plan truly benefits current and future retirees. We're really focused on these provisions the House version offers:
- More commitment from the state: The Senate wants to make teachers pay even more out of their modest paychecks to fund TRS. The House plan requires the state, over a three-year period, to increase its contribution in order to match what educators and school districts are currently contributing to TRS.
- A genuine "13th check" for retirees: The Senate wants to cap supplemental payments at $500. The House's plan offers retirees genuine relief with a 13th check up to $2400 – a payment that would actually resemble an average monthly pension payment.
- A foundation to build from: The House Plan would return TRS to actuarial soundness, setting a foundation for more improvements for retirees moving forward.
Keegan Shepherd, PhD
Pension Policy Coordinator
Texas Pension Coaltion