ERS releases annual actuarial valuations; only 70.5% of benefits are funded

The Employees Retirement System has released its annual actuarial valuations for the three trust funds it administers, ERS, the Law Enforcement and Custodial Officers Supplemental Retirement Fund (LECOSRF), and the Judicial Retirement System of...

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House Appropriations, Pensions & Investments to Conduct Joint Study of ERS Retirement Trust

House Speaker Dennis Bonnen has charged the House Appropriations Committee and Committee on Pensions, Investments & Financial Services to review and evaluate the actuarial soundness of the Employees Retirement System. The committees shall examine...

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TPEA Announces New Executive Director Ann Bishop

The Texas Public Employees Association (TPEA) is proud to announce that Ann Bishop has agreed to become its next Executive Director. Bishop succeeds Gary Anderson, who is retiring at the end of the year after 21 years at the helm of the organization....

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News Regarding Texas House Speaker Dennis Bonnen

After censure by the House Republican Caucus and calls for his resignation from more than 30 of his GOP House colleagues, Speaker Bonnen announced that he will not seek re-election to the House next year. Given the deteriorating situation since the...

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