Inflation is severely affecting retirees. There's no way to downplay or overlook this issue. It's a reality that requires urgent attention. We've communicated with numerous legislators, highlighting the effect inflation has on retirees' purchasing power. However, nothing illustrates this data more effectively than real-life examples from actual retirees.
Mindy Sue Cohen, a retired state employee and TPEA member, wrapped up her career from the state after 22 years of public service. She served for the General Service Commission and the Office of the Attorney General (OAG) before retiring from the General Land Office (GLO) in 2019.
Mindy sent a letter to her Texas Legislators (with a copy also sent to TPEA), to explain just how high her regular expenses have increased over the last 5 years. Although she is lucky not to have a mortgage, related costs like repairs and insurance have soared since she retired.
Mindy dedicated her career to public service. She was initially attracted to the state for its stability, benefits, and the promise of a pension. However, her primary motivation was to make a meaningful impact. During her time at the OAG and GLO, she was a HUB (Historically Underutilized Business) Coordinator. She found it highly rewarding to help small businesses learn how to market their products and services and expand their operations.
Mindy made a difference during her time at the state, and she - like all state retirees - deserves to live out her retirement with the same buying power she had when she retired.
Mindy utilized available resources to make sure her legislators received this information. She found her representative's contact information (which is accessible to anyone on the Advocacy Action Center page on our website), and used her payment records to put together her payment history.
When asked what she’d like her legislators to take away, she replied.
“Quantifying the increase in my basic living expenses has reduced my discretionary spending. What is unknown is the effect of tariffs which will further erode my ability to balance my budget. I drive a 1999 Toyota Camry LE with 278k miles on the odometer. I bought it new. I began to look at the cost of leasing or buying a new car, but came to the conclusion that I can’t afford one. The cost of automobile insurance is unknown until I can provide my insurance agent with a VIN. I am a two time cancer survivor, 8 years in remission. The states’ health care coverage was crucial in my survival and will be for the rest of my life. I feel grateful to have my medical coverage. Now that I’m retired, I am dedicated to swimming 2 hours 5 days a week. I feel healthier than ever. I also mentor other cancer patients going through their treatments.”
Despite Mindy's diligent efforts and careful planning, the unpredictability of the future remains a challenge. Like many other retirees, she faces an uncertain future as the current cost of living becomes increasingly unsustainable. How much longer can our retirees endure without assistance?
Thank you Mindy, for your selfless work for Texas and for sharing your story!
Have a story to share? Reach out to TPEA today, or contact your legislators.