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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.
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.
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.
Texas Alcoholic Beverage Commission. Texas Animal Health Commission. Texas Apiary Inspection Service. Texas Appraiser Licensing and Certification Board. Texas Attorney General. Texas Board of Architectural Examiners. Texas Board of Chiropractic Examiners. Texas Board of Nursing. Texas Board of Pardons and Paroles.
Opened in June 1969, the Lubbock State Supported Living Center, located in Lubbock, serves 54 counties in the Texas Panhandle. The campus is home to approximately 310 individuals, of whom 66 percent are male and 34 percent female. The average age is 45. The school employs approximately 790 people.
The Texas Municipal Retirement System ( TMRS) is a statewide retirement system that provides retirement, disability, and death benefits for employees of participating Texas municipalities. TMRS was established in 1947 by Texas state law and is administered in accordance with the Texas Municipal Retirement System Act (Texas Government Code ...
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