Are you ready for an unforgettable experience that combines professional development, networking opportunities, and the chance to celebrate three decades of excellence in pensions? Look no further than the Texas Association of Public Employee Retirement Systems (TEXPERS) 35th Anniversary Conference, set to take place from April 7 to 10, 2024, at the Hyatt Regency Dallas in Dallas, Texas.
Good news. Congress is avoiding a government shutdown, at least through Nov. 17. As news of a government shutdown captures headlines nationwide, it might seem like a distant issue for those entrusted with managing Texas public employee pension systems. After all, the daily operations of pension systems are largely independent of federal politics, right? Well, not quite. In this blog post, we'll explore why any potential government shutdown should concern trustees and administrators of public employee pension systems and why staying informed is crucial for safeguarding the financial futures of countless retirees.
Research papers and studies serve as a gateway to the latest advancements and trends in the field of public employee retirement systems. They provide access to cutting-edge knowledge, allowing trustees and administrators to stay ahead of the curve. By staying informed about the latest research, pension fund leaders can make informed decisions that can significantly impact the retirement systems they oversee. Through networking with its partner organizations plus the Association's investment, consultants, actuaries, vendors, and other service providers members and communicating with retirement and investment industry research groups, TEXPERS shares reports, research papers, briefs, and other documents with its members.
Congress raised the debt limit this year to prevent a government default. They are working to agree on next year's budget by Sept. 30.
Parents' Day, observed this year on Sunday, July 23, is a special occasion that allows us to express gratitude and appreciation for our parents' love, sacrifices, and guidance. While we often celebrate this day by showering them with gifts and affection, it is also an opportune time to reflect upon the significance of a secure retirement for our elderly parents. In this blog post, we will explore why Parents' Day serves as a timely reminder to prioritize and ensure our aging parents' financial well-being.
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!
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.
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.
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.
On Saturday, Feb. 4, a specific group of U.S. Postal Service workers will get some much-needed love.
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.
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.
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.
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 striving to seek and secure the best investments and services for their membership, public retirement system administrators and staff often look for demographic and economic data to highlight in various reports.
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.
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.
