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 funded status of local public pension plans is growing closer to that of state funds, according to a new national study by the Center for Retirement Research at Boston College. The same is true of many local plans in Texas, and the outperformance could be due to those systems receiving more of their required contributions and using more rigid funding methods than their state counterparts.
TEXPERS has become a Visionary Circle member of the National Institute on Retirement Security, a nonprofit research and education organization established to foster a better understanding of retirement security. Membership comes with perks, including one that extends to TEXPERS' system administrator and trustee members.
The Board of Trustees of the Texas County & District Retirement System (TCDRS) elected Polk County Commissioner Bob Willis as its new vice chair and re-elected Judge Robert Eckels as chair at its December board meeting.