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.
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...