On June 29, the Texas Pension Board received updates on the recent progress and changes pension funds have made. The City of Midland and pension officials presented their case at the beginning of the meeting, and PRB staff actuary David Fee followed on with additional reports:

There are an estimated 15.1 million full-time and 4.7 million part-time employees working in state and local governments in the U.S., according to the 2020 Annual Survey of Public Employment and Payroll, the most recent statistics available from the U.S. Census Bureau. 

JOB ADVERTISEMENT: Our client, Austin Fire Fighters Relief & Retirement Fund (AFRS), a single employer defined benefit pension plan provides service retirement, death, disability and termination benefits for eligible members and their survivors, is seeking a Fund Administrator.