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The General Schedule (GS) is the predominant pay scale within the United States civil service. The GS includes the majority of white collar personnel (professional, technical, administrative, and clerical) positions. As of September 2004, 71 percent of federal civilian employees were paid under the GS.
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.
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Here are 10 Texas state job openings that pay the most. Brayden Garcia. June 16, 2023 at 8:20 AM. ... The median salary for a Texas state government employee is about $50,000, ...
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, Title ...
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...