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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.
The Texas Legislature has delegated administrative power and authority over the Texas State University System to its board of regents including the organization, control, and management of the system and each of its component institutions including employing and discharging the presidents, officers, and other employees of each member institution.
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.
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A 2004 report by Texas Comptroller Carole Keeton Strayhorn was very critical of the Texas foster care system. [10] A follow-up statement with continued criticisms of the Texas foster care system was made in 2006 by the Comptroller and renewed a request to have the governor create a Family and Protective Services Crisis Management Team. [11]
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Texas State University (TXST) is a public research university with its main campus in San Marcos, Texas and another campus in Round Rock. Since its establishment in 1899, the university has grown to be one of the largest universities in the United States. Texas State University reached a record enrollment of 40,678 students in the 2024 fall ...