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 ...

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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