TRS to vote on changes to retiree healthcare plan next week

Drugs and MoneyIf you are a retired educator or someone planning to retire soon from the profession, you’ll be interested in next week’s meeting of the Teacher Retirement System (TRS) Board of Trustees. The board will meet Friday, Aug. 25, to discuss and adopt modifications to the TRS-Care healthcare program for retirees.

As we reported on Teach the Vote back in June, TRS recently announced several changes to the design of its healthcare plans after the legislature failed to completely fill a funding shortfall during the regular session. But in response to outcries from educators, legislators convinced Gov. Greg Abbott to add retiree healthcare costs to his call for the special session that ended Tuesday. The legislature passed House Bill 21 by Rep. Dan Huberty during special session that will funnel $212 million in additional money to TRS for healthcare.

TRS logoThe attached document from TRS staff provides details on plan changes that TRS board members are expected to adopt next week. Changes to TRS-Care will go into effect on Jan 1, 2018.

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5 thoughts on “TRS to vote on changes to retiree healthcare plan next week

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  3. Frances Wiese

    This still has over a 200% increase on monthly insurance premiums. Mine will jump from $225.00 to $500.00 +. And we don’t even get a cost of living increase. Do you realize $500 is 1/5 of my monthly retirement or more.

    Reply
  4. Pingback: Important update for retirees: TRS-Care list of no cost medications | Teach the Vote

  5. Dalia Garcia

    This does not cover insilin and diabetic medical supplies. It also does not cover allergy medication or thyroid medication. I don’t see how this is going to help if you are diabetic.

    Reply

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