February 11, 2025 - 10:41
On Monday, February 10, 2025, the Senate Finance Committee convened to kick off discussions regarding Article III of Senate Bill 1, which outlines the General Appropriations bill, commonly known as the state budget bill. This meeting marked a critical step in shaping the financial landscape for the upcoming fiscal year.
During the session, the Teacher Retirement System of Texas (TRS) provided invited testimony, emphasizing the importance of adequate funding and support for the state's retired educators. The Texas Retired Teachers Association (TRTA) also made its presence known, delivering a public statement that underscored the need for sustainable retirement benefits and resources for retired teachers.
The committee's discussions are expected to have significant implications for funding allocations across various sectors, particularly education and retirement systems. As lawmakers deliberate on the budget, the input from organizations like TRS and TRTA will play a vital role in ensuring that the needs of Texas educators are prioritized in the final appropriations bill.
