Lt. Governor Urges TRS Not To Raise Premiums On Retired Teachers

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The Texas Lieutenant Governor is fighting for retired teachers when it comes to their healthcare costs.

Lt. Governor Dan Patrick sent a letter to the Teacher Retirement System of Texas urging them not to raise premiums on retired teachers. Patrick says additional funding should not fall on the shoulders of educators.

TRS is considering increasing the premiums by $50 a month to $600 a year beginning in January. This would impact retired teachers under the age of 65 who are not on Medicare. Read full letter.

__________________________________________________________________________________

August 15, 2018

Mr. Jarvis V. Hollingsworth
Chairman, Board of Trustees
Teacher Retirement System of Texas
Bracewell LLP
711 Louisiana Street, Suite 2300
Houston, Texas 77002-2770

Dear Chairman Hollingsworth:

My office was notified yesterday that you are considering a proposal to increase healthcare premiums by $50 a month — $600 a year — beginning in January 2019, for retired teachers under the age of 65 who are not on Medicare. I urge you not to take that step.

In the last 4 years the Texas Senate has taken the lead in adding over a billion dollars to TRS Care funding including over $200 million in the Special Session last year. I have been candid in pointing out that the Legislature will need to add significant dollars over the next several years to address the increasing costs of healthcare for retired teachers. Because we are committed to our retired teachers, I am confident that the Senate will support additional funding for TRS Care and I am hopeful the next Speaker of the House will follow our lead on this important issue.

Rising healthcare costs are one of the greatest fiscal challenges we face in Texas and I urge you to continue to look for ways to control healthcare costs for retired teachers.

There is no question that the Legislature will need to continue to address TRS Care, as we have in the last two legislative sessions. But let me be clear, I believe additional funding should be the responsibility of the Legislature and not fall on the shoulders of our retired teachers.

Sincerely,

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Dan Patrick
Lieutenant Governor

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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