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  • Trs 667 Trs Care Employer Health Benefit Surcharge Information

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Trs. state. tx. us TRS 667 Rev. 08-05 TRS-CARE EMPLOYER HEALTH BENEFIT SURCHARGE INFORMATION FORM This form must be completed by TRS retirees who are reported by an employer on an Employment of Retired Members Report with the following exceptions 1.

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TRS-Care Medicare Advantage is the medical plan and TRS-Care Medicare Rx is the prescription drug plan. It features copays, plus a low medical deductible and out-of-pocket maximum. TRS-Care Standard is a high-deductible health plan offered to retirees and their family members under 65 and not eligible for Medicare.

The amount of the pension surcharge is equal to the amount of both member and state contributions on the compensation paid. A health benefit surcharge is also due for TRS-Care participants. Currently, the pension surcharge is 15.75% of payroll and the TRS-Care surcharge is $535, if applicable.

The pension fund imposes the default schedule on bargaining parties who fail to adopt another schedule under the rehabilitation plan within a certain period. The employer must pay a surcharge to the pension fund until the bargaining parties adopt a schedule in the rehabilitation plan.

TRS-ActiveCare is the program for active employees and TRS-Care is for retired public educators.

Texas offers health insurance coverage to both active (TRS-ActiveCare) and retired (TRS-Care) school employees.

You are eligible for one-half of your spouse's social security if he/she is living, and 100% of the social security benefit if he/she has passed; however, if you are drawing TRS, Social Security will subtract two-thirds of your TRS from the spousal benefit.

The rule of 90 is a formula for determining when a teacher can draw a normal pension without penalty. This rule is satisfied when your age + years of service = 90.

The Senate proposes using money from the state's record-high $33 billion surplus to create a 2% cost-of-living adjustment for educators who have been retired two to 9 years and a 4% adjustment for those who have been retired at least 10 years.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232