Teacher Retirement System of Texas

Retired Texas Teachers Could Face Higher Health Care CostsMore than 200,000 retired educators and their dependents in Texas could have to pay more for health care due to rising coverage costs.
Source: Texas Lawmakers Reach Deal On State Budget Texas lawmakers reached a deal Friday on a two-year spending plan that would restore $3.93 billion to public schools and clear the way for taking $2 billion from the state's rainy day fund for water projects, according to a state official close the negotiations.
Pension Fund Bonuses Upset Some Retired TeachersThe investment team that achieved a nearly 13 percent return for the pension system benefiting Texas teachers will share millions in bonuses, despite the fact retired teachers haven't gotten a raise in the past 10 years.
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