The Pension Review Board's Actuarial Committee postponed the agency's three-year effort to study the feasibility of asset pooling for smaller pension systems. Anumeha Kumar, the PRB's executive director, told the committee at its Sept. 13 meeting in Austin that the resignation of a staff member would further delay the project.
Is an investigative journalist, armed with a Texas Public Information Act request, headed your way? Quite possibly. The act allows for the full or partial disclosure of previously unreleased information and documents controlled by state and local governmental entities.
The U.S. House Ways and Means Committee's new tax reform package of legislation does not contain provisions that would have imposed what TEXPERS and other retirement groups viewed to be unnecessary and unfunded federal mandates harmful to local and state public pensions.