Texas 2017 - 85th 1st C.S.

Texas House Bill HB181

Caption

Relating to the salary and retirement benefits paid to certain teachers employed by or retired from public schools.

Impact

The bill also addresses the retirement benefits of eligible teachers by introducing a one-time cost-of-living adjustment of $1,000 to annuitants receiving retirement benefits. This adjustment aims to alleviate financial strain on retired educators who may be suffering from inadequate pension growth relative to inflation and increases in living costs. Additionally, the adjustments are likely to contribute positively to the retention of experienced teachers within the education system, as financial stability is a key factor in career satisfaction and commitment.

Summary

House Bill 181 proposes significant amendments to the salary and retirement benefits for teachers employed by or retired from public schools in Texas. A primary focus of the bill is to ensure that teachers' monthly salaries are maintained at least equal to their previous year's earnings, with specific provisions for the 2017-2018 school year which guarantees a minimum monthly salary inclusive of any applicable local supplements. This is seen as a crucial support mechanism for educators in Texas, particularly in light of budgetary pressures and the rising cost of living.

Contention

Despite the favorable reception from many educators and advocates for public education, there are points of contention surrounding the bill. Some critics argue that while the proposed adjustments are necessary, they may not go far enough in addressing the systemic issues within the funding of public education in Texas. There are also concerns regarding the sustainability of these financial commitments, especially if economic conditions deteriorate or if the state legislature faces budget shortfalls in the future. The balance between ensuring adequate compensation for teachers and maintaining fiscal responsibility for state resources continues to be a topic of heated discussion.

Companion Bills

No companion bills found.

Previously Filed As

TX SB10

Relating to certain benefits paid by the Teacher Retirement System of Texas.

TX HB3901

Relating to a cost-of-living adjustment applicable to certain benefits paid by the Teacher Retirement System of Texas.

TX HB301

Relating to a cost-of-living adjustment applicable to certain benefits paid by the Teacher Retirement System of Texas.

TX HB1218

Relating to a cost-of-living adjustment applicable to certain benefits paid by the Teacher Retirement System of Texas.

TX HB1201

Relating to a cost-of-living adjustment applicable to certain benefits paid by the Teacher Retirement System of Texas.

TX HB332

Relating to a cost-of-living adjustment applicable to certain benefits paid by the Teacher Retirement System of Texas.

TX SB109

Relating to a cost-of-living adjustment applicable to certain benefits paid by the Teacher Retirement System of Texas.

TX HB3911

Relating to a cost-of-living adjustment applicable to certain benefits paid by the Teacher Retirement System of Texas

TX HB4933

Relating to authorizing cost-of-living adjustments applicable to certain benefits paid by the Teacher Retirement System of Texas.

TX HB3569

Relating to authorizing cost-of-living adjustments applicable to certain benefits paid by the Teacher Retirement System of Texas.

Similar Bills

No similar bills found.