Relating to cost-of-living adjustments applicable to certain benefits paid by the Teacher Retirement System of Texas.

This bill creates a one-time cost-of-living adjustment for certain Texas teachers' retirement benefits, payable in January 2026. It applies to retirees and beneficiaries who retired or whose members died before January 1, 2025, and receive specific retirement or survivor benefits (e.g., standard service annuities or survivor payments under Sections 824.402 or 824.502). The adjustment excludes benefits with fixed amounts, such as those for disability retirees under 10 years of service or certain survivor payments. It directly affects eligible retirees and beneficiaries meeting the pre-2025 date criteria, without altering ongoing benefit calculations.