HB3857 — Relating to cost-of-living adjustments applicable to certain benefits paid by the Teacher Retirement System of Texas and a biennial study on providing additional cost-of-living adjustments based on the effects of increased inflation.

HB3857 — Relating to cost-of-living adjustments applicable to certain benefits paid by the Teacher Retirement System of Texas and a biennial study on providing additional cost-of-living adjustments based on the effects of increased inflation. · Informed CitizenryThe bill amends the Government Code to establish cost-of-living adjustments (COLA) for benefits paid by the Teacher Retirement System of Texas (TRS). Under the new section, the amount of a service…Open in Informed Citizenry