Texas House advances bill that would give retired teachers a pension raise

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Texas House advances bill that would give retired teachers a pension raise
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The proposed raise would be the first time in nearly 20 years that some retirees would get a cost-of-living adjustment.

Senate Bill 9 would provide across the board raises for teachers and support staff, while the other, Senate Bill 8 would create a financial incentive for families looking to pill their kids out of public school and into private schools.The Texas House on Monday gave final approval to a bill that would give retired teachers a small bump in their monthly retirement checks. For some, this could be their first cost-of-living adjustment in almost 20 years., authored by state Sen.

But the bill includes one caveat: to fund the cost-of-living increases, Texas voters would first need to approve an amendment to the Texas Constitution that allows the state to move $1.9 billion from the general funds to the Teacher Retirement System. The measure would be placed on the ballot Nov. 7.Teacher Appreciation Week is the annual time teachers get the extra credit they deserve year round.

"These people teach our children; they taught us," Bryant said. "We have a moral obligation to them."

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