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.
The Texas House Committee on Pensions, Investments and Financial Services is holding a public hearing at 8 a.m. Wednesday, April 12 in E2.014 of the Capitol Building.
TEXPERS System Members will likely keep an eye on the Senate Committee on State Affairs, which reviews legislation under its purview, including pension regulations, during the 88th Legislative Session.
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.
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.
We believe the COVID-19 crisis has facilitated a fundamental reshaping of society in how people shop and pay, along with how businesses interact with their employees, customers, and other businesses.
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In 2020, assets (cash and investments) for state- and local-administered defined-benefit public pensions systems totaled $4.6 trillion, an increase from the 2019 level of $4.4 trillion, according to an annual survey of public pensions released by the U.S. Census Bureau in July 2021. |
