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The effort to establish the Teacher Retirement System of Texas was a 20-year process which began in 1916, with leadership provided by the Texas State Teachers Association (TSTA). TSTA was the only major organization for Texas teachers in that era. The struggle culminated in three final steps: (1) Passage by the 1935 Legislature of a joint ...
There are 450,000 current retirees in the Teacher Retirement System. Lee said 150,000 of them have an annuity that's $1,500 a month or less. Of that group, 131,000 make $1,000 a month or less.
Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.
Yet, nothing has alarmed me quite like the escalating teacher shortage. Half of all schools in the U.S. reported at least one teacher vacancy at the start of 2022. By 2025, more than 225,000 ...
Texas State Teachers Association. Texas State Teachers Association, or TSTA, is the oldest education organization in Texas, affiliated with the National Education Association (NEA). TSTA is led by a full-time state president and vice president, a board of directors, and a democratically elected House of Delegates.
The Texas Education Agency ( TEA) is the branch of the government of Texas responsible for public education in Texas in the United States. [1] The agency is headquartered in the William B. Travis State Office Building in downtown Austin. [1] [2] Mike Morath, formerly a member of the Dallas Independent School District 's board of trustees, was ...
Thomas Britton "Britt" Harris IV was the chief investment officer of the University of Texas/Texas A&M Investment Management Company. [1] The investment management company oversees the assets of The University of Texas and Texas A&M University. [1] In 2013 Harris was announced as the recipient of the aiCIO 's Lifetime Achievement Award. [2]
Created in 1967 by the Texas Legislature, the Texas County & District Retirement System (TCDRS) works with county and district employers to provide retirement, disability and survivor benefits to Texans. The system receives no funding from the State of Texas. Each plan is funded independently by the county or district and its employees.
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