TEXPERS' 30th Anniversary Recognized by Rep John Wray
AUSTIN (Jan. 23, 2019) – The Texas House and Senate passed resolutions today recognizing the Texas Association of Public Employee Retirement Systems for its 30 years of educational and legislative advocacy for the pension plans relied on by cities, counties and special districts for their public employees.
Rep. John Wray, R-Waxahachie, sponsored House Resolution 64 and Sen. Robert Nichols, R-Jacksonville, sponsored its Senate companion.
HR 64 recognizes TEXPERS’ role in assisting pension systems to deliver retirement security for police officers, firefighters, and municipal employees, as well as employees at airport and water district authorities, hospital districts and community colleges.
HR 64 notes the importance pension funds have on the Texas economy, acknowledging that retiree spending of pension earnings creates a $29 billion stimulus and $4.4 billion in federal, state and local tax revenue. The “Pensionomic” benefits of Texas and other states’ pensions was recently identified in a report by the National Institute on Retirement Security.
“Public employees play a critical role in the operations of cities and counties in our state. In particular, when we call on them to respond during natural disasters such as fire, flood, or other disasters, they take care of us. For 30 years, TEXPERS has been taking care of them by supporting and assisting our public pension systems," Wray said.
Pension fund success
Pension funds need to talk about their success in their conversations with lawmakers. So says legislative conversation trainer Joe Gagen.
Unveiling the 2019 Legislative Agenda Book.
TEXPERS Communications Director Allen Jones describes the contents of a book TEXPERS members will share with Legislators educating them about defined benefit pension plans for public employees.
2019 Legislative Training with Joe Gagen
2019 Legislative Day starts with training. Joe Gagen does great job with entertaining training session.
TEXPERS Expresses Concerns on Asset Pooling Process to Pension Review Board
TEXPERS Board President Paul Brown and Board Member David Stacy offered public comment at the Oct 4 meeting of the Texas Pension Review Board. Watch till the end to see how PRB Chairman Josh McGee answered concerns that its asset pooling effort was not yet ready for legislative attention. #TEXPERS2018
New organization, same old puppeteer
Don't let the name Retirement Security Initiative fool you. Billionaire anti-pension activist John Arnold is funding RSI and backing former politicians who fought against defined benefit pensions.
John Arnold's Web of Connections
Who's really pulling the strings behind the anti-pension agenda? Learn more at ProtectPensions.org/Arnold.
From right, TEXPERS Executive Director Max Patterson, Houston Police Officers Pension Systems Executive Director John Lawson, and Head of Institutional Investor Solutions at Maples Fund Services, James Perry sing the National Anthem during TEXPERS' 2017 Summer Forum Aug. 14 in San Antonio. Standing in the background is Paul Brown, president of TEXPERS. #TxLege #NationalAnthem #Pensions #Police #Fire #Retirement #Investments
Porter Wilson, designate executive director for Texas ERS, with his band Shotguns Ready, entertained at the TEXPERS Annual Conference Welcome Reception.