The Texas Pension Review Board (PRB) is a state agency that oversees all Texas public retirement systems, both state and local, regarding their actuarial soundness and compliance with state reporting requirements. The PRB provides pensioners and fund managers with news, education, and guidance. The next Texas Pension Review Board meeting is scheduled for 10 a.m. on Wednesday, March 6, 2024, at the William P. Clements Building in Austin, Texas.
The meeting agenda includes topics such as:
- Investment Committee report on policy state guidelines, guidance, and tools
- Actuarial Committee reports regarding:
- Funding Soundness Restoration Plan, including compliance
- FSRP implementation update and case studies
- Public retirement system reporting and compliance, including non-compliant retirement systems under Texas Government Code §801.209
- Update on PRB Pension Funding Guidelines and Guidance for Developing a Funding Policy
- Update on Texas Local Firefighters Retirement Act (TLFFRA) governance project
- Executive Director Report regarding:
- 2024 TLFFRA Pension Report
- 2024 TEXPERS Annual Conference
- Staff update
Click here to access the full agenda.
As a TEXPERS member, you have a stake in the PRB’s work and decisions. Attending the PRB meeting will allow you to Learn about the latest developments and best practices in public pension fund management and governance and provide feedback and input on the PRB’s draft guidelines, recommendations, and guidance.
To attend the PRB meeting, you can either register online or in person on the day of the meeting. The meeting is open to the public and will be live-streamed at the following Zoom link: https://us02web.zoom.us/j/84978808845. You can also access the meeting materials and minutes on the PRB’s website at https://www.prb.texas.gov/.
To attend in person, the PRB meeting will be held at the Texas Capitol, Capitol Extension, Committee Room E2.028 1100 N. Congress Avenue, Austin, TX, 78701.
We encourage you to stay informed and engaged with the PRB’s work. Together, we can ensure that our public retirement systems are actuarially sound, benefits are equitable and appropriately managed, and we can expand the knowledge and education of administrators, trustees, and members of Texas public retirement systems.