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...