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Capitol Update: Helping Retired Teachers

March 15, 2019

This week, the House announced HB 9, which will provide a long term solution for the Teacher Retirement System. It will increase the state’s contribution from the current 6.8% to 8.8%, which will allow the fund to reach actuarial soundness within by 2021. It also authorizes a 13th check beginning in 2021.

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