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Is the COLA a permanent increase? What is the difference between a one-time COLA and an ongoing or automatic COLA? When will the cost-of-living adjustments (COLAs) be applied to my annuity payments? Are all eligible TRS annuitants, as outlined in the legislation, included regardless of position type? New!
- 2023 TRS Retiree Benefit Enhancements
With the 88 th Texas Legislative Regular Session concluding...
- FAQs: One-Time Stipends
A $2,400 one-time stipend to eligible annuitants aged 70 to...
- 2023 TRS Retiree Benefit Enhancements
With the 88 th Texas Legislative Regular Session concluding on May 29, 2023, we know you may have questions about TRS-related legislation around retiree benefit enhancements such as cost-of-living adjustments (COLAs) and one-time stipends .
7 cze 2023 · AUSTIN (KXAN) — The Texas Legislature passed Senate Bill 10 this session, setting the stage for a cost-of-living adjustment to the Texas Teacher Retirement System (TRS) at the start of the new...
7 lis 2023 · SB 10 authorized a one-time cost-of-living adjustment (COLA) payable to annuitants receiving a monthly death or retirement benefit annuity from the Teacher Retirement System of Texas (TRS). The COLA applied to most annuitants of TRS who retired on or before August 31, 2020.
A $2,400 one-time stipend to eligible annuitants aged 70 to 74. Annuitants must be eligible to receive a TRS annuity in August 2023 and meet the qualifying age on or before Aug. 31, 2023. Examples: If a retiree turns 70 by Aug. 31, 2023, the retiree will be eligible for the $2,400 stipend.
28 kwi 2023 · A report from the Texas American Federation of Teachers, a teacher union, found that the average monthly payment that the state’s retired teachers receive is about $2,174. For those who would...
29 mar 2023 · Austin, Texas – Today, the Texas Senate unanimously passed Senate Bill 10, one of the largest benefit enhancements for retired teachers in the history of Texas. This bill, joint-authored by Senator César J. Blanco, would provide retired teachers with a one-time supplemental check and a cost of living adjustment (COLA).