Senate State Affairs Committee Hears Report on TRS Study

San Antonio AllianceUncategorized

On Monday, on November 19, the Senate Committee on State Affairs heard testimony on the TRS Sustainability Study performed by TRS and a similar study on TRS-Care.

TRS testified that TRS-Care faces serious financial challenges, although recent changes have bought two years before urgent action would be required. State Affairs Committee Chairman, Senator Robert Duncan of Lubbock, commented that it might be better to take corrective action now while there is available revenue than to postpone action, which would only require more costly “solutions.” Read More