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<p>administrative operating budget for FY 2026 was $385.3 million <a href="page.php?w=United_States_dollar">USD</a>.</p>

<p><big>History</big></p>
<p>The effort to establish the Teacher Retirement System of Texas was a 20-year process which began in 1916, with leadership provided by the Texas State Teachers Association (TSTA). TSTA was the only major organization for Texas teachers in that era. The struggle culminated in three final steps: (1) Passage by the 1935 Legislature of a joint resolution which put a proposed constitutional amendment on the ballot</p><p>
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