TRS to vote on changes to retiree healthcare plan next week

Retirement | TRS | Social Security
Date Posted: 8/17/2017 | Author: Monty Exter
If you are a retired educator or someone planning to retire soon from the profession, you'll be interested in next week's meeting of the Teacher Retirement System (TRS) Board of Trustees. The board will meet Friday, Aug. 25, to discuss and adopt modifications to the TRS-Care healthcare program for retirees.
As we reported on Teach the Vote back in June, TRS recently announced several changes to the design of its healthcare plans after the legislature failed to completely fill a funding shortfall during the regular session. But in response to outcries from educators, legislators convinced Gov. Greg Abbott to add retiree healthcare costs to his call for the special session that ended Tuesday. The legislature passed House Bill 21 by Rep. Dan Huberty during special session that will funnel $212 million in additional money to TRS for healthcare.
The attached document from TRS staff provides details on plan changes that TRS board members are expected to adopt next week. Changes to TRS-Care will go into effect on Jan 1, 2018.
CONVERSATION
RECOMMENDED FOR YOU

02/21/2025
Teach the Vote’s Week in Review: Feb. 21, 2025
Senate rushes its teacher pay bill to the floor as the House files its major education bills. Plus, earn the new ATPE-MAP local advocacy microcredential.

02/21/2025
Public education funding discussed by House Appropriations Committee
The TEA portion of the hearing revealed funding shortfalls, teacher shortages, special education gaps, and questions regarding vouchers.

02/20/2025
Senate education committee advances teacher pay raise bill
SB 26 would offer substantial pay increases to some, but not all, teachers based on years of experience and expansion of TIA.