BEAUMONT, Texas — Texas voters said yes on Tuesday to approving Proposition Nine to grant retired Texas teachers cost-of-living raises.
(EDITOR'S NOTE: The above video first aired on Oct.11, 2023)
The Associated Press called the race at about 8 p.m. with more than 922,476 votes, or 86% of the vote in favor of the passing the constitutional amendment.
Here’s the full text of Proposition Nine… "The constitutional amendment authorizing the 88th Legislature to provide a cost-of-living adjustment to certain annuitants of the Teacher Retirement System of Texas."
During the regular session, lawmakers passed Senate Bill 10, which will provide some retired Texas teachers with cost-of-living raises to their monthly pension checks. For some, this is the first raise they will see in almost 20 years.
But to afford these raises, lawmakers needed to ask voters to allow them to use $3.3 billion from the general revenue fund and move it to the retired teachers fund.