For the first time in almost 20 years, retired public school employees will have a chance to receive a cost-of-living adjustment (COLA) provided Texas residents vote “yes” at the polls in November.
Texans will cast votes on 14 proposed amendments to the Texas Constitution in the Nov. 7 election. If Proposition 9 is approved, granting teachers a COLA, teachers who retired before 2001 will get a 6% adjustment. Those who retired between 2001-2013 will get a 4% adjustment and educators who retired between 2013-2020 will get a 2% adjustment.
By Jeremy Hallock
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