TEXPERS Press Releases


TEXPERS Salutes El Paso Firemen and Policemen's Pension Fund for 20-year Returns 
The west Texas public employee pension system has maintained its ranking as one of the two best in the Lone Star State in the closely-watched measure of 20-year investment returns.

Texas Public Employee Pensions Using Broad Diversification Strategies to Grow Assets, Manage Risks

The low interest rate environment of the last 10 years has resulted in a successful effort by Texas local public employee pension funds' to find decent returns in global assets and alternative investments, according to a survey performed by Maples Fund Services for the Texas Assocation of Public Employees Retirement Systems.

Texas' Local Pension Funds Improve Health Despite Lowered Investment Target Environment
A new report from TEXPERS shows that local pension funds have in the aggregate lowered their assumed rates of return over the last six years. Combined with TEXPERS' observations of improved pay-off period trends, the association asserts that Texas pension systems are achieving larger statewide goals for employees and taxpayers.

TEXPERS Amplifies Attorney General Opinion on Pension Funds in Statute 

"This opinion should further the public's understanding that the 13 pension funds in statute come to the Legislature for one thing: a checks-and-balances process that ensures every local group agrees on proposals for changes to benefits or funding," said Max Patterson, executive director of the Texas Association of Public Employee Retirement Systems. 

Texas' State and Local Pension Funds Reach 6-year Pinnacle of Financial Health 

A report from the Texas Association of Public Employee Retirement Systems shows that 93 state and local pension funds combined in 20150-2016 to achieve the best trend performance improvement in financial health in six years, breaking last year's record.

Texas' State and Local Pension Funds Achieve Best 5-year Measure of Financial Health 

A report from the Texas Association of Public Employee Retirement Systems shows that 93 state and local pension funds combined in 2014-2015 to achieve the best trend performance improvement in financial health in five years.

TEXPERS Salutes El Paso Firemen and Policement's Pension Fund

The El Paso Firemen and Policemen's Pension Fund ranked among Texas' top-three pensions plans in a closely watched measure of average yearly returns over long-term investing horizons, according to the Texas Association of Public Employee Retirement Systems (TEXPERS) in a recently released report.

TEXPERS Objects to Americans for Prosperity Interference in Detroit
The Texas Association of Public Employee Retirement Systems registered its contempt for the decision by Americans for Prosperity earlier this week to interfere in pension politics in Detroit and pledged vigilance of future similar activities in Texas.

Texas Public Employee Pensions Grow Alternative Investments Ratio in 2013

TEXPERS’ Report on the Asset Allocation and Investment Performance of Texas Public Employee Retirement Systems shows that the average asset allocation of respondents to its annual survey 32% alternative strategies (real estate, private equity, energy, etc.), 25% international equities, 22% domestic equities, 20% fixed income, and 1% short-term securities/cash. 


CSLGE Study: Texas Cities' Contributions to Employee Pensions Among Lowest in Country

The Texas Association of Public Employee Retirement Systems (TEXPERS), which represents 75+ pension systems for police, firefighters and municipal employees across the state, congratulated the 10 Texas cities that were among the country's most efficient users of taxpayers' dollars for their employees' pensions, as asserted in a new study by The Center for State and Local Government Excellence.


TEXPERS Applauds Money Managers Exit from Think Tank Promoting Defined Contribution Plans for Public Sector Employees

The Texas Association of Public Employee Retirement Systems (TEXPERS), which represents 75+ pension systems for police, firefighters and municipal employees across Texas, praised three money managers who parted from an organization for its advocating the abandonment of defined benefit plans.


TEXPERS Lauds Passage of Bill Increasing Pension Transparency and Requiring Education for Trustees

The Texas Association of Public Employee Retirement Systems (TEXPERS), which represents 75+ Texas public employee pensions for police, firefighters and municipal employees across the state, praised passage of House Bill 13 in the House and Senate last week and recommended its acceptance by Governor Rick Perry.


Texas Public Employee Pensions Exceed Assumptions in 2012

TEXPERS’ Report on the Asset Allocation and Investment Performance of Texas Public Employee Retirement Systems shows that the average asset allocation of respondents to its annual survey was 26.0% percent in U.S. equity, 17.5% in non-U.S. equity, 26.1% in fixed income, 10.2% in real estate, 7.7% in private equity and 12.5% in other asset classes. The 52 survey respondents had $23.8 billion in total market value in 2012, compared to $21.4 billion for 54 reporting respondents in 2011.


Texas Receives $10 billion Annual Economic Benefit from Public Employee Pensions

The economic and financial analysis firm The Perryman Group (TPG) released a study today identifying $10 billion annual economic stimulus created by payments sent to Texans from the state’s large public retirement systems and the local pensions which are members of the Texas Association of Public Employee Retirement Systems, an organization representing more than 80 such organizations across the state.


TEXPERS Corrects First Policy Paper of Laura and John Arnold Foundation

The Texas Association of Public Employee Retirement Systems (TEXPERS) today issued a Special Report responding to assertions that are false and misleading in the first solution paper of the Laura and John Arnold Foundation, "Creating a New Public Pension System."


TEXPERS Study: Defined Benefit Plans are Cost-Effective for Texas Public Employees

Defined contribution plans, like 401(k)s, would cost taxpayers substantially more than defined benefit plans for public sector employees, according to a new study by Pension Trustee Advisors, a leading consultancy on public pension systems.


TEXPERS Hosts Successful 2011 Summer Educational Forum

The Texas Association of Public Employee Retirement Systems (TEXPERS) in the second week of August concluded its Annual Summer Educational Forum, titled "Understanding Volatility & Its Global Impact," while the Dow Jones Industrial Average tossed and turned from 600 point losses to 500 point gains after Standard & Poor’s downgraded U.S. government debt and rocked world financial markets.


TEXPERS Poll Confirms Texans’ Positive View of Public Employee Retirement Plans

Texas voters who are 401(k) holders view defined benefit retirement plans managed by public employers as effective for firemen, police and municipal employees, according to an opinion poll conducted by the national pollster Dresner, Wickers & Associates and commissioned by the Texas Association of Public Employee Retirement Systems.


Expert Comments on Today’s Release of Pew Report on Texas Pensions

TEXPERS executive director Max Patterson offered countering viewpoints to the Pew Center on the States report, "The Wideninig Gap: The Great Recesssion’s Impact on State Pension and Retiree Health Care Costs."


Annual Conference Focuses on Future of Public Pensions

More than 480 representatives of city, state and local pension plans for police, fire fighters and municipal workers attended today the annual conference of the Texas Association of Public Employee Retirement Systems, focusing on the question of "Where Do We Go From Here?"


TEXPERS 2010 Summer Educational Forum Features Comments by Joe Strauss, Texas Speaker of the House

Texas Speaker of the House Joe Strauss keynoted the 2010 Summer Educational Forum of TEXPERS, the Texas Association of Public Employee Retirement Systems, at the Hyatt Hill Country in San Antonio.