'No pension increase for retired teachers
Fund perks up, but aftershocks of market meltdown will be felt for years at TRS.'
By Kate Alexander
- 'strong investment performance during the past year . . . not enough to shake off the damage done by the financial meltdown of 2008.'
- 'one-year return of nearly 11 percent as of Aug. 31'
- 'retirees should not expect an increase in their monthly pension checks anytime soon'
- 'best hope for them might be a little help in terms of reduced health care premiums, said Ted Melina Raab of the Texas chapter of the American Federation of Teachers'
Read the full article
No comments:
Post a Comment