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.
The Texas Pension Review Board is holding a board meeting at 10 a.m. CST on Thursday, July 14, 2022. The Board's Investment Committee will gather later that afternoon.
Robert "Bob" May, a former actuary member of the Texas Association of Public Employee Retirement Systems through his more than 50-year career as a principal actuary at Rudd and Wisdom Inc., died May 24, 2022.
Amundi Asset Management is serving as a Gold Keynote Sponsor of TEXPERS' 2022 Summer Educational Forum to be held Aug. 21-23, 2022, in El Paso, Texas.
The Texas House Pension, Investments and Financial Services Committee is hosting a public hearing at 10 a.m. CT on Monday, June 6, 2022, regarding the operation of the Teacher Retirement System of Texas and its school district employee benefits program participation.
The Texas Pension Review Board has posted the draft rule language and board policy related to Funding Soundness Restoration Plans to the state agency's website.
The Texas Association of Public Employee Retirement Systems held its 2022 Annual Conference at The Worthington Renaissance Hotel in Fort Worth, Texas, April 3-6, 2022.
The Institutional Limited Partners Association's ILPA Institute will be in Austin May 11-12, 2022, offering its executive education programming for trustees. The Private Equity for Trustee course explores the basic aspects of the private equity asset class, the economics of a private equity investment, the current state of the market, and its external perception. The program fee is $1499 and will run from 9 a.m. to 5 p.m. each day at the DLA Piper Austin Office, 303 Colorado St., Suite 3000, in Austin. For more information and to register, contact Mandy Ilk at [email protected].
Public pension fund trustees and administrators benefit from participating in TEXPERS conferences by receiving valuable education and connecting with other professionals committed to securing retirement for public employees. Your next opportunity to boost your professional skills is during our Annual Conference April 3-6, 2022, at The Worthington Renaissance Fort Worth Hotel in Fort Worth, Texas.
The state of Texas doesn't simply encourage professional development for public employee pension trustees and administrators; it mandates it.
