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Texas Bill Seeks to Boost Employee, Employer Pension Contributions

The Texas House of Representatives unveiled a bill on Tuesday aimed at shoring up the funding status of its pension system. The reforms specifically target members of the Employees Retirement System (ERS), which is 76 percent funded. The bill would boost contributions to the System for both employees and employers. More details from the Texas Tribune: The ...
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Texas Employees Retirement System Hires Executive Director

Porter Wilson has been tapped as the new executive director of the Texas Employees Retirement System. His hire was approved on Thursday. Reported by Pensions & Investments: Trustees of the Austin-based pension fund approved Mr. Wilson’s hire at a board meeting on Thursday to eventually replace Ann S. Bishop, the current executive director, as ...
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Chicago Teacher’s Pension Executive Director Resigns

Kevin Huber, the executive director of the Chicago Public Schools Teachers’ Pension & Retirement Fund, has announced his plans to resign from the fund. From a fund press release: Kevin B. Huber, executive director of the Chicago Teachers’ Pension Fund (CTPF) submitted his resignation and will leave the fund effective December 31, 2014. ...
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Controversy Follows New Oregon PERS Director

The Oregon Public Employees Retirement System (PERS) has informed current deputy director Steve Rodeman that he will move into the fund’s top job when executive director Paul Cleary retires in December. Rodeman has been the fund’s second-in-command since 2008. But his tenure hasn’t been without controversy – last year, there were complaints ...
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Oregon PERS Chooses Next Executive Director

Paul Cleary, who for ten years has sat at the helm of the Oregon Public Employees Retirement System, announced this summer that he would retire in December. Since then, the Oregon PERS has searched for its next executive director. They’ve now announced their decision to promote from within: the next executive director will be Steve Rodeman, who currently ...
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Illinois Pension Board Director to Retire; Search for New Director Begins Soon

William Mabe, executive director of the State University Retirement System of Illinois, has announced that he will retire on March 31. The System plans to hire a firm to search for and secure a new director by the time Mabe leaves his post. From the Chicago Sun-Times: William Mabe, executive director of the State University Retirement System, will ...
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