Texas Teachers' Retirement System, established in 1937, stands as one of the largest public pension plans, serving educators across the state.
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Public college and university employees use TRS. Texas Teachers’ Retirement System members have Guaranteed Income. It's the plan they're enrolled in.
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Retired Texas teachers get up to $2,400 in benefits by December's end from the state Teacher Retirement System—straightforward and sure.
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Retired teachers aged 70+ get a $2,400 one-time stipend. If you chose paper, expect it by mail on Dec. 28; direct deposit, Dec. 29.
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Texas lawmakers approved Senate Bill 10, ensuring retired teachers get a monthly pension increase ranging from 2% to 6% this year.
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Senate Bill 10 offers a $7,500 one-time payment for those 75+, and $2,400 for those 70-74 by January 2024.
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Teachers fund their retirement with a mix of employer and personal payments, including payroll deductions for the required contributions.
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As a public school teacher in Texas, you're automatically enrolled in the Teacher Retirement System (TRS) retirement plan from day one.
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Secure a lifetime monthly pension by contributing 6.4% of your pay as a TRS member for future retirement benefits.
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