TCTA supported three bills in Monday's House Pensions Committee hearing. Although the bills are not likely to pass given the lack of sufficient funding in the pension program, it is important to keep this issue at the forefront so lawmakers can be aware of the need for better teacher retirement benefits. TCTA appreciates the sponsors of the following bills:

  • HB 397 by Rep. Alma Allen includes a 10 percent benefit increase plus a four percent cost-of-living adjustment each year. It would also provide a one-time "thirteenth check."
  • HB 440 by Rep. Mando Martinez would allow the TRS Board to provide a cost-of-living adjustment when financially feasible.
  • HB 3190 by Rep. Tomas Uresti provides a 0.5 percent benefit increase.