Friday, October 21, 2011

The pensions of Texas legislators and the pensions of retired Texas teachers

                 The Face book page of the Texas Retired teachers Association www.face book.com/pages/TRTA-Texas-Retired-Teachers -Association/126989714019649 recently posted an article from USA Today describing how state legislators pass laws to give themselves lucrative pensions. In the case of the Texas Legislature, the House and Senate passed a law tieing their pensions to the salary of state judges, and then in the intervening years raised judges salaries from $42,000 to $125000, and thus...

Friday, September 30, 2011

Retired Teachers: Finding a Way to Use All That New Time

          Some of you may remember the old Hank Williams song If You Got The Money Honey I Got The Time. Well in retirement we may or may not have the money but we do have some new found time. How could we use that new found time? Well we could tell our spouse what to do but the only  use of time that would provide is the time building the dog house we would soon be living in. A more productive pursuit might be to find a hobby, voluntary  activity or part-time work. The purpose of this blog is to provide...

Friday, April 22, 2011

Seven Questions And Hopefully Some Answers For Retired Texas Teachers

               If you’re new to this teacher retirement thing, this is meant as a primer for those who are just taking those baby steps into the world of retirement.  I will present this in a question and answer format  ( the Socratic method though I make no claims to be a Socrates) with the questions based on questions I  myself had when I retired in 2005 and questions I have been asked by more...

Monday, February 21, 2011

Sucessful Retirees Need Three Kinds Of Health

                      Be healthy. A television anchor I once listened to used this simple but sagacious                         sign off to his program. Health is a condition we should all strive for but for retirees health is an even bigger factor as age increases the chances of  health problems and a short-circuiting of...

Friday, February 18, 2011

Retired Texas Teachers Get A Tax Increase

            Last month President Obama and the leaders of Congress proudly announced they had “ saved Americans from  a tax increase” Surprise! Surprise! Apparently the President and Congress should have said” We have saved everyone but the retired Texas teachers from getting a tax increase”. That’s what we found out recently when our new annuity checks had been reduced by $50.         ...

Wednesday, February 9, 2011

Seven Questions And Answers About Medicare And TRS Care

                            Texas teachers were ‘‘ present at the creation” of Medicare. President Lyndon Johnson who, signed the Medicare bill into law  in 1965 ,was a Texan and a former Texas teacher. Another bit of historical info is that the first Medicare card was given to  former president Harry Truman who was present at the signing ceremony and had been a...

Monday, January 31, 2011

Retiring Abroad: Some Thoughts From Experience

             White sanded beaches.  Exotic, friendly neighbors. A low cost of living. If all of these pictures occasionally dance into your daydreams, then retiring abroad might be something for you to consider. Since I am , as the title of this blog would suggest, retired ,and also living abroad, I’ll spend today’s blog relating some thoughts on the pros and cons of retiring abroad.     ...

Thursday, January 20, 2011

The Texas Legislature and Teacher Retirement: Hold That Line?

                     Hold that line. Most of us in the teaching profession have heard that old cheer, which basically means to keep your loss of yardage to a minimum. Given the current financial turmoil in the state budget, maybe “hold that line” should become our lead cheer. Let me explain.                             ...