Tag Archives: Teacher Retirement System of Texas

Abbott orders state agencies to obey the law

Better late than never. Gov. Greg Abbott and Comptroller Glenn Hegar on Wednesday ordered state agencies to stop paying departing employees by placing them on “emergency leave.” “Pursuant to this directive, the use of emergency leave, administrative leave or other … Continue reading

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Lone Star Project requests investigation of severance packages

From the inbox: Today, Lone Star Project Director Matt Angle sent letters to the Texas Rangers, the State Auditor and the Travis County District Attorney requesting formal investigations into a series of questionable payments made by Attorney General Ken Paxton, … Continue reading

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Teacher health insurance costs

Another thing on the list of things the Legislature needs to deal with but won’t. Health care insurance costs for hundreds of thousands of Texas teachers and other public school employees are scheduled to go up again this fall, prompting … Continue reading

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Modified teacher retirement bill passes Senate

Modified again, this time enough to garner support from the teachers. Teachers, the state of Texas and school districts all would pay more to help support the Teacher Retirement System of Texas under a bill passed by the Texas Senate … Continue reading

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Modified teacher retirement bill put forth

Sounds like progress, though we’ll have to see how it goes from here. Members of the Teacher Retirement System of Texas objected strongly last week to a legislative proposal that would have required about half of current employees to work … Continue reading

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Senate examines pensions

This sort of thing always makes me nervous. Legislative proposals to shore up Texas’ two largest public pension funds could require teachers and state employees to work years longer than they must today to get full retirement benefits. For example, … Continue reading

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House debates its budget

As you know, yesterday was Budgetpalooza in the House. The House budget puts more money into public education and less into health and human services than a Senate proposal that passed the upper chamber last month. “No one is or … Continue reading

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Texas’ public pension funds are solvent through 2075

There was a hearing in the Lege this week about the state’s pension plans, and the good news is that they’re in pretty good shape. The better news is that the members of the Lege’s pension committee recognize that fact. … Continue reading

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On targeting public pension plans

I have three things to say about this. Texas could be gearing up for its own Wisconsin-style grudge match over public employee benefits. A group of high-powered Houston business leaders is starting a statewide campaign to overhaul retirement for future … Continue reading

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The job market for teachers

There are still some jobs available for new teachers and teachers looking for a new gig, but not nearly as many as there have been in the past. Because of the Legislature’s initial $4 billion cut from public school funding, … Continue reading

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Perry meddles again

All of his shenanigans with the Texas Forensic Science Commission have kept Governor Perry busy lately, but not so busy that he can’t mess with other things, too. Gov. Rick Perry plans to reshuffle the board leadership of the state’s … Continue reading

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