Retirement planning challenges for Texas teachers

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Out of 1247 school districts, only 17 pay into Social Security. While teachers and other educators might be eligible for TRS, what Social Security benefits they might receive is drastically reduced.

If you are fortunate enough to get Social Security, and you’ve paid in for less than 20 years, you’ll be losing $447.50 per month right off the top of your benefits. 

Click play in the video player above to hear Chris explain the other challenges facing pension workers.

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