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The entrance to the T.R.S. Building on Red River Street in Austin. Teacher Retirement System of Texas (TRS) is a public pension plan of the State of Texas.Established in 1937, TRS provides retirement and related benefits for those employed by the public schools, colleges, and universities supported by the State of Texas and manages a $180 billion trust fund established to finance member benefits.
This list of largest pension funds in the United States involves two main groups: ... Teacher Retirement System of Texas: $146,326 $146,326 79.7% 8.0% 7
In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000. [19
Texans have approved a 2% to 6% pension pay increase for retired teachers and other former school employees.
Voters will decide on a $3.3 billion proposed amendment that would use surplus state funds to give retired teachers a cost of living raise. Prop 9 would give retired Texas teachers a pension hike ...
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