Retired teachers could soon get a pay bump, but voters need to approve it

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Retired teachers could soon get a pay bump, but voters need to approve it
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A bill that would give retired teachers in Texas a bump in pay passed, but it still needs to go before voters in November. reportsbychar hears from advocates.

PUBLISHED 2:42 PM CDT Jul. 25, 2023AUSTIN, Texas — Rita Runnels is one of many retired public school teachers who petitioned for higher pay at the Texas State Capitol this year. In Texas, retirees can get a pension based on age and years of service. Since retiring in 2008, Runnels has never seen that payment increase.In Texas, retirees can get a pension based on age and years of service.

Runnels, who was a teacher and then assistant principal, considers herself lucky. Because she held a higher position within the district, her monthly check is $3000.“It’s not enough to cover the expenses for a person to live today,” Runnels said. educators who retired in 2005, when the average monthly annuity was less than $1,800, still receive that same amount.

This year’s pay bump, which received bipartisan support, will stagger raises based on when the teacher retired. According to the Texas Retired Teachers Association, about 420,000 retirees will see a pay increase. Runnels will get a 4% bump, which is about $120 a month. “All we can do is continue to fight for their COLA, and hope that it’s reflective of the inflation that we’re facing on a community level,” said Rep.

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