Nearly 90 percent of Texas schools are enrolled in TRS-ActiveCare. Some say the program saves teachers money, though complaints are growing about the state's stagnant per-month contribution.

Teachers Retirement System of Texas is 'too big to fail' By Michael Taylor Updated April 9, 2017 4:32 p.m. ... while 38 states continue with a "defined benefit" plan like Texas' current TRS.

Painful changes are coming, no matter what, because over the next two years, the Teacher Retirement System of Texas’ “TRS-Care” program is expected to have nearly $1.1 billion less than it ...

About 7,800 retired Texas teachers are abandoning the health insurance program the state has created for them — long one of the top benefits for Texas public school ... (TRS) plan intact,” Lee ...

Nearly 90 percent of Texas schools are enrolled in TRS-ActiveCare. Some say the program saves teachers money, though complaints are growing about the state's stagnant per-month contribution.

Thanks for this editorial revealing the sad state of Texas teachers’ retirement program. There is another aspect of this program that even further penalizes our teachers.

The TRS retirement plan is a defined benefit plan. This means that the amount of your retirement benefit is determined using a formula established by Texas law and not on how much you have ...

Last month, the TRS Board of Trustees considered raising premiums for TRS-Care — Texas’ health insurance program for retired teachers — by $50 per month, starting in 2019.

Last week, Gov. Greg Abbott signed a bill that will drastically change the health care plan some retired teachers have now - more specifically retired teachers younger than 65. Retired teachers ...

Fact: SB 1751, if passed, would give the two retirement systems of Texas the option to create an “alternative retirement plan” for new employees. This plan, by definition, means a defined ...

Governmental pension plans across America are in doubt due to their over-reliance on defined benefits that promise higher rates of return than can be gotten in today’s very low interest rate ...

Most of the retirees who left were 65 or older and opted to choose cheaper Medicare plans elsewhere, putting the Teacher Retirement System of Texas’ health insurance system, called TRS-Care, and ...