Texas SB174 proposes a one-time cost-of-living adjustment for certain retirement benefits.

Texas SB174 amends the Teacher Retirement System of Texas to include a one-time cost-of-living adjustment for eligible annuitants, effective September 2025. The adjustment is limited to the lesser of three percent of the monthly benefit or $200. Eligible annuitants include those receiving standard or disability retirement annuities, optional service or disability retirement annuities, or alternate payee annuities. The adjustment does not apply to certain disability retirees or standard service retirees. The board of trustees will determine eligibility and the amount of the adjustment.

Texas SB174 proposes a one-time cost-of-living adjustment for certain retirement benefits.

Texas SB174 amends the Teacher Retirement System of Texas to include a one-time cost-of-living adjustment for eligible annuitants, effective September 2025. The adjustment is limited to the lesser of three percent of the monthly benefit or $200. Eligible annuitants include those receiving standard or disability retirement annuities, optional service or disability retirement annuities, or alternate payee annuities. The adjustment does not apply to certain disability retirees or standard service retirees. The board of trustees will determine eligibility and the amount of the adjustment.