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juan.betancourt@dentonrc.com, Denton Flea Market, filled with Latino entrepreneurs, brings folks together to shop and eat, Denton police investigate dogs found deceased in parked vehicle, Denton man charged in shooting death of his co-worker. Bonnens bill to implement the constitutional amendment and carry out the chambers $5.05 billion plan also would create a system for granting future inflation bumps in pension checks, if the pool of pension money earns enough profits and interest on investments. What is the COLA for 2023 for Texas retired teachers? DBS MORNING SHOW & OBITUARIES 25TH APRIL 2023 APRIL 2023 - Facebook Alternately, you can call the TRS at 1-800-223-8778; this is a 24-hour automated service. On Tuesday, the Senate passed Senate Bill 7, which would provide retired teachers, counselors and school staff a one-time payment of up to $2,400 through the Teacher Retirement System of Texas. endstream endobj startxref How Long Must You Teach in Texas Before You Can Retire? The bill gives retired teachers, counselors and school staff in the Teacher Retirement System of Texas (TRST) who retired on or before Dec. 31, 2020, an additional, one-time retirement check. Updated: Jun. . While many of the states education associations support the 13th check bills, those groups urged lawmakers to do more, such as providing cost-of-living adjustments. An email has been sent to with a link to confirm list signup. The lower chamber's version of the bill seeks to give a 6% increase to retirees' monthly checks if they retired before 2004, a 4% increase if they retired between 2004 and 2014, and a 2% . TRTA is the only group that focuses solely on your TRS retirement security! Newton recommended that if a benefit enhancement is passed this coming session, a corresponding increase in revenue should come with it, consistent with industry best practices for managing pension funds. It will allow our retirees to have an annual, ongoing increase..