The Teacher Retirement System (TRS) of Texas is a defined-benefit pension system that provides more than 1.5 million Texans a payout in retirement. TRS is six times larger than the next public pension plan in Texas. Texas must secure teachers’ retirement by ensuring TRS is actuarially sound, but, more importantly, by giving teachers control over their livelihood through structural reforms to TRS.
My Journey to Understand El Paso’s Lobbying Expenses
In 2019, the Texas Legislature passed a law (House Bill 1495) to help correct “unethical political behavior” at the local level. One key provision in the law requires political subdivisions to disclose the amount of money being spent to lobby the legislature in their proposed budgets. As more fully articulated in Sec. 140.0045 (b)(2) of...