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Fresh Picks - November 2023

Fresh Picks
November 2023

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This is the web version of our email newsletter that highlights the goings-on of your pension and health care system in easy, quick-to-read “bites.” Enjoy!  

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T​RS to Provide COLA to Eligible Annuitants January 2024

A cost-of-living-adjustment (COLA) was dependent on Texas voters approving a constitutional amendment (Proposition 9) at the Nov. 7, 2023 election. Voters approved the amendment. The COLA will be applied to eligible annuitants’ payments beginning with their January 2024 annuity due the last business day of the month. The COLA is a one-time adjustment that will permanently increase annuities.

Your Retirement Planning Starts Now

Are you on target to meet your retirement goals? Our education videos can help you do just that. Watch today and learn more about plans you should consider as an Early Career or Mid-Career member to ensure you're on track for a financially secure retirement.

New Member? We’re Here to Help You Make the Most of Your Benefits

If you are a new TRS member, the “New Hire" section is a helpful resource. Use it to search for information about your retirement plan and benefits, employment eligibility, TRS contributions and more. In addition, the TRS Life Event Resource Kit is here to guide you on next steps and offer resources for when you're moving, getting married, starting a family and more. The impact of events can be significant, and we want to ensure you're making the most of your benefits – in all ways possible – with each step forward.​

Compare Your Medicare Options

If you are 65 or older, there are many options when it comes to enrolling in Medicare. TRS is here to help you understand key differences between TRS-Care Medicare and others on the market. Watch our Medicare comparison video today.
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TRS Talks: The Art of Retirement

Since retiring, John and Paula Hodge dedicate time to creative pursuits on their quiet patch of land in Grand Saline, Texas. There, you can find John working in his woodshop while Paula paints colorful canvases in their adjoining garage studio. Some days, Paula is back in a different kind of classroom, but still doing the teaching she has always loved.
 
Their TRS pension has enabled them to enjoy retirement for more than two decades. Learn more about the Hodges in the latest episode of TRS Talks.