New training rules will be in place beginning Jan. 1, 2025, ensuring that pension trustees and administrators are fully prepared for the challenges of managing public pension funds.
On Jan. 1, administrators and trustees of public employee retirement systems will have new rules regarding the state's Minimum Educational Training requirements. In this post will explain why this happened and provide tips on the next steps you need to take.
Attention TEXPERS System Members: As trustees and administrators of public employee pension systems across Texas, staying informed on key developments affecting your retirement plans is essential. The Texas Pension Review Board will be holding its next meeting on Wednesday, Sept. 25, 2024, at 10 a.m. The meeting will occur at the William P. Clements Building, Fourth Floor, Room 402, located at 300 W. 15th Street in Austin, Texas.
The Texas Pension Review Board will meet at 10 a.m. CT on Thursday, July 25, 2024, and the meeting promises to encompass critical discussions pertinent to the management and oversight of public pension funds in Texas. And you can attend on Zoom!
The Texas Pension Review Board has put out requests for comment on the changes they will propose to the Texas Legislature for the Texas Local Fire Firefighters Retirement Act, also known as TLFFRA.
Among the distinguished speakers for the TEXPERS 2024 Annual Conference, April 7-10 in Dallas, Texas, one name shines brightly in economic analysis: Mariam Yousuf, Business Economist at the Federal Reserve Bank of Dallas. Scheduled to take center stage on April 10, 2024, from 10 to 10:35 a.m. in the Reunion Ballroom on the Lobby Level, Yousuf will deliver an economic update, drawing from her expertise in dissecting regional economic dynamics.
The Texas Pension Review Board (PRB) is a state agency that oversees all Texas public retirement systems, both state and local, regarding their actuarial soundness and compliance with state reporting requirements. The PRB provides pensioners and fund managers with news, education, and guidance. The next Texas Pension Review Board meeting is scheduled for 10 a.m. on Wednesday, March 6, 2024, at the William P. Clements Building in Austin, Texas.
The Texas Pension Review Board, which oversees the implementation of legislative requirements for the minimum educational training of public retirement fund trustees and administrators, is reviewing its program needs and is asking for feedback from pension system leaders and the public.
A panel of four actuaries who work with pension funds across Texas and the U.S. shared their insights and experiences on various topics, such as city participation, intensive reviews, and benchmarking, at the Texas Local Fire Fighters Retirement Act (TLFFRA) Education Foundation Conference on Oct. 3, 2023. The panel was moderated by David Fee, the staff actuary for the Texas Pension Review Board (PRB). Getting municipalities to increase their participation was the hot topic of the panel.
The Texas Pension Review Board is reviewing several of the state agency's key rules and seeking public input.
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:
As members of the pensions and investments industry, we know that professional development is essential for staying current on trends and regulations. TEXPERS is proud to host its Summer Educational Forum in The Woodlands, Texas – an annual event designed to provide public employee retirement system administrators, board members, and other key stakeholders with the necessary tools and resources to maximize their professional growth. In this blog post, we'll discuss how you can make the most out of your experience at the conference and prepare for success!
The Pension Review Board recently launched a new Minimum Educational Training website, according to a memo the state agency distributed to Texas public pension trustees and administrators on Jan. 9.
At 10 a.m. CST on Thursday, Dec. 8, the Texas Pension Review Board will meet to review the actuarial soundness and compliance of state and local government public retirement systems. Those interested in managing public employee pension systems may attend in person or via videoconference.
The Texas Pension Review Board meets at 10 a.m. CT on Thursday, Oct. 6, 2022, in Austin at the Capitol Extension, Room E2.028, located at 1100 Congress Avenue.
In its latest meeting, the Texas Pension Review Board's Investment Committee made it clear that it intends to request pension funds to report on how their investment portfolios are structured to meet real-time expectations for outflow benefit payments to retirees.
This report, compiled by TEXPERS legislative consultants and staff in attendance, is intended to give you an overview and highlight the discussions on the various topics taken up. It is not a verbatim transcript of the discussions but based on what was audible or understandable to the observer and the desire to get details out as quickly as possible with few errors or omissions.
Napier Park Global is a Silver Sponsor of TEXPERS' 2022 Summer Educational Forum Aug. 21-23 in El Paso, Texas, and is sending Amit Sanghani, managing director and product specialist for the firm's global credit and real asset strategies.
Texas Association of Public Retirement Pension Systems, a statewide nonprofit organization providing education to trustees and administrators of public employee pension funds, is pleased to announce Federated Hermes, Wolf Popper, and Napier Park as sponsors of its upcoming conference in El Paso, Texas. The firms are Silver Sponsors of TEXPERS' 2022 Summer Educational Forum Aug. 21-23 at Hotel Paso Del Norte in El Paso, Texas.
The Texas Pension Review Board committee creating rules for implementing House Bill 3898 accepted new, flexible proposals from the staff at its May meeting. The rules will be presented to the full Board on July 14 and the official public comment period will begin. Ultimate consideration of all comments and changes is planned for the October PRB meeting.
