Senate Signs Off On Changes To Teacher Retirement Bill
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Updated: 6:26 PM May 27, 2005
Senate Signs Off On Changes To Teacher Retirement Bill
The Senate Friday signed off on House changes to a bill aimed at stabilizing the $91 billion Teacher Retirement System.
Posted: 8:30 AM May 28, 2005
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Sen. Robert Duncan, R-Lubbock, said a bill the Senate signed off on Friday will "moderately" improve the Teacher Retirement system, which has $11 billion in unfunded liabilities.

The system covers about 1 million employees and retirees.

Under Senate Bill SB 1691, the teacher retirement age would increase from 55 to 60, although the new retirement age would affect only teachers who start working September 2007 or later.

The bill also attempts to stop incentive for early teacher retirement.

And, the proposal also would change the base of retirees' benefits to the highest five years of their salary, instead of the highest of three.

TEXAS LEGISLATURE

Click Here For Texas House of Representatives Web Site

Click Here For Texas Senate Web Site

Click Here To Find Information About Specific Bills

Click Here For Texas House Speaker’s Web Site

Click Here For Texas Lt. Governor’s Web Site

Click Here For Texas Governor’s Web Site

Click Here For Legislative Budget Board Web Site

CENTRAL TEXAS STATE SENATORS:

Sen. Kip Averitt, R-McGregor
(State Sen. District 22 includes: Bosque, Coryell, Ellis, Falls, Hill, Hood, Johnson, McLennan, Navarro, Somervell Counties)
Click Here For Averitt Senate Web Site

Sen. Troy Fraser, R-Horseshoe Bay
(State Sen. District 24 includes: Bell, Blanco, Brown, Burnet, Callahan, Coleman, Comanche, Eastland, Erath, Gillespie, Hamilton, Kerr, Kimble, Lampasas, Llano, McCulloch, Mason, Menard, Mills, San Saba, Taylor Counties)
Click Here For Fraser Senate Web Site

Sen. Steve Odgen, R-Bryan
(State Sen. District 5 includes: Brazos, Burleson, Freestone, Grimes, Houston, Lee, Leon, Limestone, Madison, Milam, Robertson, Trinity, Walker, Williamson Counties)
Click Here For Ogden Senate Web Site

CENTRAL TEXAS STATE REPRESENTATIVES

Rep. Byron Cook, R-Corsicana
(State Rep. District 8 includes: Anderson, Freestone, Limestone, Navarro Counties)
Click Here For Cook House Web Site

State Rep. Jim Pitts, R-Waxahachie
(State Rep. District 10 includes: Hill, Ellis Counties)
Click Here For Pitts House Web Site

State Rep. Dan Gattis, R-Georgetown
(State Rep. District 20 includes: Milam, Williamson-part, Counties)
Click Here For Gattis House Web Site

State Rep. Harvey Hilderbran, R-Kerrville
(State Rep. District 53 includes: Callahan, Coleman, Concho, Crockett, Kerr, Kimble, Llano, McCulloch, Mason, Menard, Real, Runnels, San Saba, Schleicher, Sutton Counties)
Click Here For Hilderbran House Web Site

Rep. Suzanna Gratia Hupp, R-Lampasas
(State Rep. District 54 includes: Bell-part, Burnet, Lampasas Counties)
Click Here For Hupp House Web Site

Rep. Dianne White Delisi, R-Temple
(State Rep. District 55 includes: Bell-part County)
Click Here For Delisi House Web Site

Rep. Charles Anderson, R-Waco
(State Rep. District 56 includes: McLennan-part County)
Click Here For Anderson House Web Site

Rep. Jim Dunnam, D-Waco
(State Rep. District 57 includes: Falls, Leon, McLennan-part, Madison, Robertson Counties)
Click Here For Dunnam House Web Site

Rep. Rob Orr, R-Burleson
(State Rep. District 58 includes: Bosque, Johnson Counties)
Click Here For Orr House Web Site

Rep. Sid Miller, R-Stephenville
(State Rep. District 59 includes: Comanche, Coryell, Erath, Hamilton, Mills, Somervell Counties)
Click Here For Miller House Web Site

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