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Health Care for Retired Teachers

This topic contains 2 replies, has 3 voices, and was last updated by  MC Lambeth 9 years, 5 months ago.

  • Health Care for Retired Teachers

    Started by Betsy Ruffin

    As a retired teacher, having spent 24 years helping our Texas public school students, I am concerned about the looming problems in the TRS- Care health system. Funding solutions are needed that don’t break the financial backs of retired teachers (or active teachers for that matter). In my case, as a single person, there is no source of extra income or insurance choice from a spouse, so this issue is a double concern for me.

    Thank you

    2
    Replies

    A healthcare insurance plan with little predictability from year to year is a problem for everyone. It is more egregious for those on fixed payment pensions, like teachers, but many other workers also have pension payouts established years earlier that are now unworkable.
    If you ask a teenager how a retirement pay of $20,000 a month sounds, he’d probably jump on it. But after 40 years of typical consumer price inflation, that $20,000 would probably not buy a car every month but rather rent a cheap apartment instead.
    Retirement pension systems are horribly broken not just for public employees but also private industry.
    Worse, social security (intended as a backup) is horribly broken the other way.

    Thank you, Ms. Ruffin and Mr. Sumner.
    Greg Abbott believes that the current structure of TRS should be maintained.
    The cost of health care benefits is a shared responsibility among the state, active and retired teachers, and school districts. When dealing with health care costs, the solutions are multifaceted and generally involve more funding from multiple sources. Educators should not have to shoulder these costs alone.
    The state must do its part to review a funding policy that is almost two decades old, and is based on costs and structures from the 1990s. Greg Abbott will work with all parties so that, together, they may find better ways to fund these long-term healthcare costs.

    M.C. Lambeth
    Policy, Texans for Greg Abbott

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