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Kolasi, Erald; Johnson, Richard W. – Urban Institute, 2019
To improve the finances of the Teacher Retirement System of Texas, which serves almost 1.5 million workers and retirees, Texas Governor Greg Abbott signed legislation in spring 2019 that gradually raises plan contributions by the state, school districts, and employees. Additional contribution hikes may be necessary to close the plan's funding gap,…
Descriptors: Retirement Benefits, Teacher Retirement, Costs, Educational Finance
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Journal of Education Finance, 2018
On February 24, 2017, all of the authors of the state-of-the-state manuscripts published in the "Journal of Education Finance" met in Cincinnati, Ohio, to participate in a roundtable discussion focused on recent legislative actions in 38 states. A majority of those papers were revised to reflect a final report on legislative actions…
Descriptors: Educational Finance, Elementary Secondary Education, Higher Education, State Aid