To strengthen Texas by expanding awareness of public pension issues, providing high quality training to retirement systems’ decision makers and working to assure the promised benefits of public employees.
The Pension Protection Act of 2006 wasn't much help in securing the pensions of private sector workers, and it could serve as a mirror to public employee systems considering adoption of defined contribution plans.
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The Texas Association of Public Employee Retirement Systems today applauded the state Attorney General's opinion in the matter of who is liable when a local retirement system is unable to meet financial obligations.
Ninety-three state and local pension funds combined in 2015-2016 to achieve the best trend performance improvement in financial health in six years, breaking last year's record.
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