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Celebrating Older Americans: Uncovering the Contributions of America's Aging Population in May 2023

In May 2023, Americans are invited to join in celebrating Older Americans Month – a time dedicated to recognizing the contributions of older Americans to our nation’s culture and society. U.S. population statistics show that the number of Americans age 65 and older is expected to double over the next 25 years – making it more important than ever for TEXPERS members to appreciate and value the contributions of this segment of our population. Join us as we explore why celebrating Older Americans Month is so important for all of us!

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'The Gentle Art of Swedish Death Cleaning' is Looking for TEXPERS Pension System Members to Apply for Its Next Season in Austin

 

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Bill Impacting Public Retirement System Investing Agents Placed on the Senate Calendar

There is a bill on the Texas Senate Calendar for April 19 that relates to the fiduciary responsibilities of the governing bodies of public retirement systems in the state and their investment managers and proxy advisors.

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Overview of March 1 House Pensions Committee Meeting

House Committee on Pensions, Investment, and Financial Services members met on March 1 to discuss the Employee Retirement System and the Teacher Retirement System, among other topics.

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How to Take Conference Notes

When you attend a pensions and investment conference, taking notes can be invaluable. Jotting down notes will help you remember topics and ideas for managing the secure retirement of your fund's annuitants.

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Book Your Conference Room by March 10 to Get a Special Rate

As conference attendees, finding a convenient and comfortable place to stay can be difficult. Staying at the on-site hotel of a conference venue is more convenient than staying off-site. 

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Texas Governor Touts Economy, Outlines Priorities During State of the State Address

State and local government public pensions weren't among Gov. Greg Abbot's State of the State address on Feb. 16; however, he did discuss the importance of the public education system in Texas, touted previous increases to teacher pay, and said the current legislative session could do even more for the educational system and teachers. 

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Texas Legislators End Frist Day of 88th Legislative Session

UPDATE 1/10/23 - Texas' 88th legislative session adjourned on Jan. 10 after completing opening ceremonies during which Gov. Greg Abbott congratulated newly elected and re-elected members of the House and Senate as well as Rep. Dade Phelan, R-Beaumont, who was reelected today as House Speaker for the session.

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Poverty Increased Among Seniors in 2021

People 65 and older experienced an increase in poverty in 2021, according to the official poverty measure from the U.S. Census Bureau. The Bureau recently highlighted data from its Poverty in the United States: 2021 report originally released in September 2022 as the nation prepares to observe Poverty Awareness Month in the United States this January 2023.

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Spending Bill Vote Likely to Push Through Secure Act 2.0 Before Christmas

Legislation that includes retirement provisions affecting public safety employees and state and local government retirement plans is nearing passage on Capitol Hill as part of an end-of-year omnibus spending bill. 

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Actuarial Valuation Report, Funding Soundness Restoration Plan on Agenda for Dec. 8 PRB Meeting

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. 

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921 Bills Prefilled for Texas' 88th Legislative Session

Nov. 14 was the first day of bill prefiling for Texas' upcoming 88th Legislative Session, and 921 bills and resolutions were filed (646 House bills and 198 Senate bills). 

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Texas Pension Review Board Meets Thursday, Oct. 6 in Austin; Remote Participation Available

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

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Practical Decisions Require Research

There's a lot of research out there, especially regarding retirement, pensions, and investment management. And it seems everyone conducts and publishes it in some form - books, briefs, multi-page reports.

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Leaders Aren't Born, They're Made

Administrators and trustees of public retirement systems must act in the best interests of their beneficiaries, exercise good faith in their duties, seek professional services, and supervise those to whom functions are assigned. To put it simply - you're a leader. 

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Don't Forget to Celebrate Contributions of Our Hispanic Public Employees During National Observance

Hispanic Heritage Month in the United States runs from Sept. 15 to Oct. 15, celebrating the histories, cultures, and contributions of Hispanic citizens in the country. 

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House Committee on Pensions, Investments & Financial Services Holds Aug. 16 Meeting


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.


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Napier Park Global is Presenting as a Silver Sponsor During Upcoming Summer Forum

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.

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Oxford Funds is Presenting as a Silver Sponsor During Summer Forum in El Paso,

As a Silver Sponsor of TEXPERS' 2022 Summer Educational Forum in El Paso, Texas, Oxford Funds, LLC will send Senior Portfolio Manager Deep Maji to present.

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William Blair Investment Management is Presenting as a Silver Sponsor During Summer Forum in El Paso, Texas

William Blair Investment Management is a Silver Sponsor of TEXPERS' 2022 Summer Educational Forum Aug. 21-23 in El Paso, Texas, and is sending hard currency portfolio manager Jared Lou from the firm's emerging markets debt team to present.

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