At today's meeting of the TRS Board of Trustees, PAGE General Counsel
Jill Hay was the first speaker to address the group. (Her statement was
sent out in yesterday's Listserv.)

Following Ms. Hay's remarks were presentations by other groups.

At the conclusion of the presentations the TRS board voted unanimously
(10-0) to retain the current language regarding cost of living
increases.

Retirees will continue to receive a 1.5% COLA twice each year.


Thank you to all PAGE members who wrote, e-mailed or otherwise contacted
members of the TRS Board of Trustees, legislators and others. Your
voices were most definitely heard!