TRS appreciates the actions of Texas lawmakers who voted to grant a one-time, supplemental payment for many of Texas’ 445,000 retired public education employees. The payment will go to eligible retirees and beneficiaries who retired before December 31, 2020, and will be up to $2,400, or the amount of the retiree’s annuity, whichever is less.
Payments were issued on Jan. 14, 2022. This timing allowed annuitants to make any necessary adjustments to their tax or financial planning for the 2022 tax year.
The funds came from the state’s general fund and were administered by the retirement system. TRS’ Board of Trustees voted to approve the measure at the September 16-17 board meeting.
For more information, visit the FAQs web page below.