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
06/02/2023
Teach the Vote’s Week in Review: June 2, 2023
The HB 100 voucher scheme dies at the end of regular session, plus a special session and the TEA takeover of Houston ISD begin.
06/01/2023
From The Texas Tribune: Tension over property taxes produces rare public clash between Dan Patrick, Greg Abbott
Always happy to castigate the Texas House, Patrick breaks form to criticize the governor as misinformed and unsympathetic toward homeowners.
School Finance, Retirement | TRS | Social Security, Texas Legislature, Privatization | Vouchers, Educator Compensation | Benefits
05/30/2023
Voucher dies as final weekend of 88th Legislature brings conflict between House and Senate
HB 100 was a casualty of a breakdown in communications between the House and Senate as the regular session drew to a close.