Coinciding with his State of the State address, Governor Greg Abbott today released his budget for the 2018-19 biennium, which provides even further insight into the Governor’s legislative priorities. The [...]
On Tuesday, January 17, Senator Jane Nelson (R-Flower Mound) filed SB 1, the Senate's base budget, establishing the state's funding priorities for the next two years. The text of the [...]
The Texas House released the first batch of interim reports from House committees on Thursday. Reports from nine committees were posted online. One of those reports came from the House [...]
According to a recent State Audit Report on the Financial Processes at the Pension Review Board (PRB), in fiscal year 2015, PRB had significant weaknesses in succession planning, cross-training, and [...]
Governor Greg Abbott has appointed Josh McGee of Houston, Stephanie Leibe of Austin and Ernest Richards of Irving to the State Pension Review Board for terms set to expire January [...]
HB 3310 (Paul/L. Taylor) primarily calls for a retirement system and sponsoring entity to collaborate in formulating a funding soundness plan if certain soundness measures have not been met for [...]
The Office of the Comptroller has published a report on the the stability and funding of the Employees Retirement System pension fund. According to the Comptroller the pension managed by ERS [...]
Porter Wilson has been selected to join the Texas Employees Retirement System as executive director designate. Trustees approved Wilson’s hire at a board meeting on December 4 to eventually [...]
On July 9, 2014 the House Pensions Committee held an interim hearing to discuss new reporting requirements proposed by the Governmental Accounting Standards Board (GASB) and to hear updates regarding [...]
On July 10, 2014 the House Pensions Committee and the House Appropriations Subcommittee on Article III met in a joint hearing to study the affordability of health care for active [...]