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The 80th Texas Legislature increased the state contribution rate to the Teacher Retirement System of Texas from 6.0% to 6.58% of employee payroll. This, coupled with investment returns of 14.4% in 2007, yielded an actuarial valuation that allowed the pension trust fund to pay the supplemental payment and still have a funding period under 31 years.
Employees Retirement System of Texas. Employees Retirement System of Texas (ERS) is an agency of the Texas state government. [1] ERS was created in 1947. [2] It oversees retirement benefits of state employees. [3] It is headquartered at 200 E 18th Street in Austin, Texas. [4] It is currently managed by CIO Tom Tull.
The Texas General Land Office ( GLO) is a state agency of the U.S. state of Texas, responsible for managing lands and mineral rights properties that are owned by the state. The GLO also manages and contributes to the state's Permanent School Fund. The agency is headquartered in the Stephen F. Austin State Office Building in Downtown Austin.
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January 17, 1978 (age 46) Valley Center, Kansas. Political party. Republican. Children. 1. Michael Capps is an American politician who was born in Wichita, Kansas. A Republican, he was a member of the Kansas House of Representatives for the 85th district from 2018 to 2021.
Capps Corner, Texas. Coordinates: 33°48′02″N 97°30′28″W. Capps Corner is an unincorporated community in Montague County, Texas, United States. The town is at the intersection of Farm to Market Road 1956, or "Hoosier Highway", and Farm to Market Road 677, 13 miles east of Nocona, eight miles north of Saint Jo, and six miles south of ...
Texas Constitution. Salary. $150,000 (2013) [1] Website. gov .texas .gov. The governor of Texas is the head of government of the U.S. state of Texas. The incumbent, Greg Abbott, is the forty-eighth governor to serve in the office since Texas' statehood in 1845. When compared to those of other states, the governorship of Texas has been described ...
Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.