Lisa Galloway

What are the Core Responsibilities of Texas TRS?

1) To deliver retirement and retirement benefits that have been authorized by the Texas Legislature

2) To manage the trust fund that finances member benefits

*Source; Texas TRS Handbook

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Teacher Retirement Pitfalls

  • Pension payouts vary for length of service
  • 403(b) Plan can be a rollercoaster ride. 
  • 96% of the districts in Texas do NOT pay into Social Security

IMPORTANT QUESTIONS:

1) Do you know what Tier you fall in?

2) Do you know at what age you can retire?

3) Do you NOT want to have to go back to work after retiring?

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