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Committee: House Pensions
Title: Interim Report
Subjects: Employees Retirement System of Texas | Health insurance | Pension liabilities | Public retirement systems | State employee early retirement programs | Teacher Retirement System of Texas | Texas County and District Retirement System | Texas Municipal Retirement System |
Library Call Number: L1836.85 P387
Session: 85th R.S. (2017)
Online version: View report [46 pages]
Charges: This report should address the charges below.
1. Review the state's oversight of pension systems and study the effectiveness of corrective mechanisms, including the Funding Soundness Restoration Plan and Pension Review Board Funding Guidelines. Make recommendations to enhance state oversight and to maintain or achieve soundness among local pension systems.
2. Evaluate the governance structures, including investment oversight, of the Employee Retirement System (ERS), Teacher Retirement System (TRS), Texas Municipal Retirement System, Texas County and District Retirement System, and Texas Emergency Services Retirement System. Identify best practices and make recommendations to strengthen oversight within the systems.
3. Review and evaluate health incentive programs within the group benefit programs at ERS and TRS. Identify best practices among similar programs and barriers to implementation. Make recommendations for achieving further savings through existing and/or new programs.
4. Monitor the agencies and programs under the Committee’s jurisdiction and oversee the implementation of relevant legislation passed by the 85th Legislature.

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