Payments worth up to $2,400 for retired Texas teachers were distributed this fall through the state Teacher Retirement System.
Starting in September, retired teachers who are at least 70 years old received a $2,400 stipend. A one-time $7,500 stipend was given to eligible annuitants who are 75 or older.
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This month, the TRS Board of Trustees adopted the updated cost-of-living adjustments, which were voted on by Texas voters in November.
Texas lawmakers passed Senate Bill 10 this year, which proposed raises between 2% and 6% to retired teachers’ monthly COLA checks. That measure was then placed on the 2023 ballot as Proposition 9, asking voters to approve $3.3 billion from the general revenue fund for the raises. Proposition 9 passed and will affect not only teachers but all retired Texas public education employees.
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Multiple lawsuits have been filed against Texas’s 14 constitutional amendment propositions that were on the ballot in November, threatening the timeline for the new provisions to COLA, and could affect when payments will be sent out in 2024. The lawsuits mainly target electronic voting machines used in the election, claiming the equipment is not properly certified and that machines are connected to the internet and violate the Texas Election Code.
However, according to TRS, they have the ability to make back payments, if COLA is delayed.
