Retired teachers' pay

Posted Thursday, Jan. 24, 2013  comments  Print Reprints

Tags:

A

Have more to add? News tip? Tell us

The Teacher Retirement System of Texas is not in crisis, it is not a "burden" on Texas taxpayers, and it is most definitely not an entitlement program.

The TRS has 75 years of proven success in providing benefits for its members with a defined benefit structure. Considering a defined contribution plan for TRS is not sound public policy.

Retirees have gone 12 years with no cost-of-living increases. In that period, every cost associated with living has risen, and retirees are simply falling further behind. The Legislature cannot keep doing the minimum and hoping for maximum results.

The Legislature should appropriate an amount necessary for fiscal 2014-15 to make the system actuarially sound and move retirees closer to a real cost-of-living increase.

-- Deborah Chaney, Bedford

Looking for comments?

We welcome your comments on this story, but please be civil. Do not use profanity, hate speech, threats, personal abuse or any device to draw undue attention. Our policy requires those wishing to post here to use their real identity.

Our commenting policy | Facebook commenting FAQ | Why Facebook?