April 2018
Patterson: benefits retain dedicated public servants

Secure retirement benefits keep dedicated employees on the job, which is especially vital during natural disasters, says Max Patterson, executive director of the Texas Association of Public Employee Pension Systems.

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texpers.blogspot.com
We couldn't do it without them!

Join TEXPERS in thanking the people and companies that made this year's annual conference possible.

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texpers.blogspot.com
New organization, same ol' puppeteer
Houston billionaire John Arnold, who has spent millions attacking public pensions, is putting money into a new organization, the Retirement Security Initiative. But don't let the name of this new organization fool you, says the National Public Pension Coalition, a nonprofit that works to protect defined-benefit retirement plans for public employees.

Although the Retirement Security Initiative bills itself as "an advocacy organization focused on protecting and ensuring the fairness and sustainability of public sector retirement plans," according to the NPPC, it only has one goal: "...ending defined benefit pensions for our teachers, firefighters and other public employees." Watch the video below to learn how Arnold is connected to the organization and visit www.protectionpensions.org/RSI.
Public pensions make up small portion of government spending

On average, state and local government contributions to pensions made up less than 3 percent of all state and local direct general spending in Texas between 2006 and 2015, according to a new report.

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texpers.blogspot.com
Houston reaches $40M settlement with pension actuarial firm

Houston has agreed to settle a lawsuit it filed four years ago against an actuarial firm whose predictions it blamed for contributing to the city's multi-billion-dollar pension crisis for $40 million.

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www.chron.com
Teachers in other states are striking. Texas teachers can't.

Teachers in states across the nation are going on strike to protest funding cuts for public education. But a Texas law is quashing talk of teachers here joining the walkouts. What's at stake? Their jobs and benefits.

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www.texastribune.org
Pension system eyes hiring spree for investment group

The Teacher Retirement System of Texas, one of the largest public pensions in the country, is considering almost doubling the size of its investing team so it can cut expenses by managing more of its money in-house.

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www.bloomberg.com
Another study proves why defined benefit plans are important

Because men and women usually avoid retirement savings until their 40s or 50s, the security of defined-benefit pensions help police officers, firefighters, teachers and other public servants become better prepared for their golden years.

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About Us 
The Texas Association of Public Employee Retirement Systems (TEXPERS) is a statewide voluntary nonprofit association that provides education and legislative advisory services to the trustees, administrators, professional service providers and employee groups that manage the retirement money of police, firefighters, municipal and district employees in cities across Texas.