Who Governs at TRS?
Time to Contact your Legislators This is a time of considerable change, challenge, and uncertainty for TRS members. The TRS board has had four different chairmen in the past six years and there has been considerable turnover among board trustees and senior staff during that time also. TRS has been given authority to invest substantial portions of the pension fund in new areas and instruments well outside of those traditionally held by pension funds. Attacks continue against guaranteed-benefit retirement plans like TRS and, more generally, against decent benefits for education employees. TRS annuitants have not received a cost-of-living increase since 2001. Pension and health-care benefits have been cut back in recent years. By law, the TRS pension fund is dedicated to the purpose of providing retirement benefits to employees in public and higher education–those who have already retired and those who plan to retire in the future. The board of trustees, in accordance with the Texas Cons
