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House Appropriations Subcommittee on Articles I, IV & V – April 20, 2016 Hearing

This committee met to discuss the implementation of House Bill 9 (84R) and study updated projections towards actuarial soundness of the Employees Retirement System. Examine issues and costs associated with [...]

By admin|2016-04-29T02:20:50-05:00April 29th, 2016|Advisory|0 Comments
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Governor Abbott Names Chair And Appoints Three To State Pension Review Board

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 [...]

By admin|2015-11-30T21:43:22-05:00November 30th, 2015|Advisory|0 Comments
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Pensions – Spotlight on the 84th Session

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 [...]

By admin|2015-07-02T19:23:58-05:00July 2nd, 2015|Advisory|0 Comments
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New Report Examines ERS Pension Stability, Funding

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 [...]

By admin|2014-12-12T21:22:15-05:00December 12th, 2014|Advisory|0 Comments
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House Committee on Appropriations – December 4, 2014

On December 4 the House Committee on Appropriations met to hear invited testimony regarding the State Spending Limit, an overview of the revenue estimate, and budget drivers for the 84th [...]

By admin|2014-12-08T14:37:50-05:00December 8th, 2014|Advisory|0 Comments
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Wilson Selected as Future ERS Executive Director

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 [...]

By admin|2014-12-05T21:28:18-05:00December 5th, 2014|Advisory|0 Comments
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Senate Finance Committee – September 24, 2014 Hearing

Below is the HillCo client report from the September 24 Senate Finance Committee hearing. The committee met to take up invited testimony from the Legislative Budget Board (LBB) with presentations [...]

By admin|2014-09-24T20:58:27-05:00September 24th, 2014|Advisory|0 Comments
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House Committee on Ways & Means – September 16, 2014 Hearing

Below is the HillCo client report from the September 16 House Ways & Means Committee hearing. John Heleman, Chief Revenue Estimator for Comptroller Texas Economy growing 2x as fast as [...]

By admin|2014-09-16T18:28:44-05:00September 16th, 2014|Advisory|0 Comments
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Pension Review Board – August 28, 2014 Meeting

Below is the HillCo client report from the August 28 Pension Review Board meeting. The board met to consider and take action on their agenda.   Minimum Educational Training Program [...]

By admin|2014-08-28T19:18:18-05:00August 28th, 2014|Advisory|0 Comments
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Pensions Committee Studies Public Pension Systems

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 [...]

By admin|2014-07-11T17:08:58-05:00July 11th, 2014|Advisory|0 Comments
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