Pension Review Board cancels committee meeting following state Legislature's efforts to reduce spread of COVID-19
The Texas Pension Review Board is postponing its Actuarial Committee meeting this month due to state efforts to reduce the spread of COVID-19, the new coronavirus that is causing an outbreak of respiratory illness worldwide.
Last week, the Texas Legislature canceled all public meetings at the Capitol as part of social distancing efforts to reduce the spread of COVID-19, which stands for coronavirus disease 2019. In-line with the Legislature's action, the state agency mandated to monitor public pensions is postponing its March 30 Actuarial Committee meeting, according to an update on the PRB's website. The PRB has yet to reschedule the meeting.
"We will communicate the new meeting date as soon as it is scheduled," the PRB states on its website.
In addition, the PRB says it would work with any public pension plans that may experience delays in submitting reports to the agency due to the state health emergency.
"We understand that plans may be experiencing disruptions due to COVID-19, which may affect the ability to submit timely reports," the PRB website states. "The agency will work with any plans affected to address delays in reporting. Staff is available to assist in any way we can."
COVID-19 is caused by a virus named SARS-CoV-2. The World Health Organization classified the virus as a pandemic on March 11, and Texas Gov. Greg Abbott declared March 13 that the new coronavirus is a statewide public health disaster.
The state is ramping up efforts to test for the disease, and the governor is directing daycares, nursing homes, and prisons to limit visitations as well as ordering state employees to work from home, where possible.
According to the U.S. Centers for Disease Control and Prevention, there is currently no vaccine to prevent the new coronavirus disease. The best way to prevent illness is to avoid being exposed to the virus, as it is thought to spread mainly from person-to-person through respiratory droplets produced when an infected person coughs or sneezes.
The CDC recommends social distancing, limiting close contact with others within about 6 feet and not gathering in groups larger than 50 persons. The CDC also recommends:
- Washing your hands often with soap and water for at least 20 seconds, especially after you have been in a public place, or after blowing your nose, coughing, or sneezing.
- If soap and water are not readily available, use a hand sanitizer that contains at least 60% alcohol. Cover all surfaces of your hands and rub them together until they feel dry.
- Avoid touching your eyes, nose, and mouth with unwashed hands.