Texas Voters Will Decide on a Cost-of-Living Adjustment for Retired Teachers

Texas Voters Will Decide on a Cost-of-Living Adjustment for Retired Teachers

House Joint Resolution (HJR) 2 was passed by the Texas Legislature in the 2023 regular session. It is a cost-of-living adjustment (COLA) for annuitants who retired on or before Aug. 31, 2020. It is to be paid in January 2024 if HJR 2 is approved by Texas voters in the November 7, 2023 election:

• ​2% COLA for eligible retirees who retired between 9/1/13 through 8/31/20 or eligible beneficiaries receiving a monthly annuity if the member's date of death occurred between 9/1/13 and 8/31/20
• 4% COLA for eligible retirees who retired between 9/1/01 through 8/31/13 or eligible beneficiaries receiving a monthly annuity if the member's date of death occurred between 9/1/01 and 8/31/13
• 6% COLA for eligible retirees who retired on or before 8/31/01 or eligible beneficiaries receiving a monthly annuity if the member's date of death occurred before 9/1/01

To confirm that you are registered to vote or to locate a polling location, visit the Texas Secretary of State website, https://www.votetexas.gov/voting/where.html

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