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. 

The Pension Review Board meeting will be held at the Capitol Extension, Committee Room E2.2028, at 1100 N. Congress Avenue in Austin, Texas. Click here for the meeting packet.  

The board may discuss or take action regarding any of the items on this agenda.  

1. Meeting called to order  
2. Roll call of board members  
3. Administrative matters  
    a. October 6, 2022, board meeting minutes  
4. Invitation for public comment  
5. Actuarial Committee  
    a. Actuarial valuation report  
    b. Systems subject to the Funding Soundness Restoration Plan (FSRP) requirement, including compliance 
    c. Public retirement system reporting and compliance, including noncompliant retirement systems under Section 801.209 of the Texas Government Code  
6. Education Committee  
    a. Learning management system transition update  
    b. MET compliance reporting  
7. Executive Director Report  
    a. 2021-2022 Biennial Report  
    b. 2023 Guide to Public Retirement Systems in Texas  
    c. 88th Legislative Session update  
    d. Preview of major 2023 projects  
    e. Staff update  
    f. Updated fiscal year 2023 Operating Budget  
8. Future meetings: agenda items, dates, locations, and other arrangements  

9. Adjournment 

The meeting will be streamed online through the Capitol website, and the link will be available on the Pension Review Board's website homepage before the meeting. 

Members of the public may provide comments in person or through videoconference. Those providing comments virtually may access the meeting by joining via Zoom. Attendees are requested to mute their connections when not addressing the board members. 

For additional information, contact the Pension Review Board's offices at 800-213-9425 or [email protected]


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