Nah . When tickets go on sale in May, Tribune members will save big. The measure would be placed on the ballot Nov. 7. Senate commits $4.7B to boost teacher pensions The Senate carves out $4.7 billion to boost pension payments for retired Texas teachers, many of whom have no access to Social Security. View complete answer on https://www.ohsers.org, View complete answer on https://www.tcta.org, View complete answer on https://www.texasaft.org, View complete answer on https://www.tasb.org, View complete answer on https://www.trs.texas.gov, View complete answer on https://oklahoma.gov, View complete answer on https://www.nbcdfw.com. TRS allocated a one-time payment (13th check) approved by the Texas Legislature and a second payment from federal COVID-19 relief funds. The Senate passed its version of a pension boost in a unanimous vote on Wednesday afternoon in Senate Bill 10. A report from the Texas American Federation of Teachers, a teacher union, found that the average monthly payment that the states retired teachers receive is about $2,174. Low 53F. Retired public school teachers will receive a one-time 3 percent cost-of-living adjustment for the first time in at least five years. All 31 Texas Senators support the proposed draft. %PDF-1.6 % High 76F. pic.twitter.com/P3pD5e55kM. Education writer (and part-time HS sportswriter) for The Dallas Morning News, Will retired Texas teachers receive a bonus pension check? First, visit the TRS website (at trs.texas.gov) and download the Application for Refund (TRS 6) form. Rep. Vikki Goodwin, D-Austin, backed a 13th check bill for retired educators during the regular session, House Bill 3507. The state would contribute a matching amount to the fund. Taylor told KENS 5 her pension right now is less than $2,400 a month. Under it, those who retired before 2004 would get a 10% increase, those who retired before 2014 an 8% raise and those who retired before 2021 a 6% adjustment. I talked to several Congressmen this weekend and said, This has been wrong for a long time. For most TRS retirees, it will be the first raise theyve ever seen in their monthly annuity.. Explore our Planning for Retirement timeline, tier placement map, retirement calculators, and more. I look forward to working with my colleagues to get it passed.. Extra money for retired teachers in a "13th check" at center of (Shelby Tauber For The Texas Tribune, Shelby Tauber For The Texas Tribune).