The latest edition of the PRB Weekly News Clips is now available here: https://lnkd.in/gvTZhR_C. #TXPRB #TexasPensions #News
Texas Pension Review Board
政府管理
Austin，Texas 275 位关注者
The Board oversees Texas public retirement systems and monitors their actuarial soundness and compliance with law.
关于我们
The Texas Pension Review Board (PRB) is mandated to oversee all Texas public retirement systems, both state and local, in regard to their actuarial soundness and compliance with state law. Our mission is to provide the State of Texas with the necessary information and recommendations to ensure that our public retirement systems, whose combined assets total in the multi-billions, are financially sound, benefits are equitable, the systems are properly managed, tax expenditures for employee benefits are kept to a minimum while still providing for those employees, and to expand the knowledge and education of administrators, trustees, and members of Texas public pension funds.
- 网站
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https://www.prb.texas.gov
Texas Pension Review Board的外部链接
- 所属行业
- 政府管理
- 规模
- 11-50 人
- 总部
- Austin，Texas
- 类型
- 政府机构
地点
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主要
获取路线
300 W 15th St
US，Texas，Austin，78701
Texas Pension Review Board员工
动态
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The PRB actuarial committee is meeting today at 2 p.m. Click here to watch the live stream: https://lnkd.in/g-2VN2XH
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The Pension Review Board Actuarial Committee is meeting tomorrow, February 27 at 2 p.m. The meeting agenda may be found here: https://lnkd.in/gRnUjAMK
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Orange Firemen's Relief & Retirement Fund is authorized under the Texas Local Fire Fighters Retirement Act (TLFFRA) and is located close to the Louisiana-Texas border. Systems operating under TLFFRA are entirely locally funded and each have their own local boards of trustees governed by state statute. Orange Fire had 37 active members and 36 annuitants?as of December 31, 2023, that have served and continue to serve the city's 19,324 residents. You can learn more about the system on the Orange City website: https://lnkd.in/gcn9g3V6 and at the Texas Public Pension Data Center: https://lnkd.in/g7sb_QFc.
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Alternative investments include hedge funds, commodities, derivatives, private equity, venture capital, partnerships, and foreign currency. Real estate is not always considered an alternative investment but does share some characteristics with other alternatives. To learn more about asset classes and types, visit the PRB's free investment course: https://lnkd.in/d3WSQVAc
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The Texas Pension Review Board (PRB) recently hosted its biennial Legislative Pension Basics Seminar (Pensions 101) for legislative staff and the meeting recording and presentation are now available online on the PRB's 89th Legislative Session resource page: https://lnkd.in/gnzMxwfb The training covers the landscape and financing structure of public retirement systems in Texas as well as the PRB’s role in providing actuarial impact statements for bills affecting those systems.
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According the the National Institute of Retirement Security's?"Pensionomics 2025," defined benefit plans positively impact job creation, income, and tax revenues because they drive consumer demand. The study may be found here: https://lnkd.in/gyUmUQ-b.
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Happy Valentine's Day from the PRB! This Valentine's Day checklist highlights the five reports due to the PRB annually. The PRB-1000 (Investment Returns and Assumptions Report), Annual Financial Report (AFR), and PRB-200 (Membership Report) are due to the PRB within 210 days after the end of the previous fiscal year. The PRB-2000 (Minimum Educational Training Program) and PRB-150 (Registration & Board Information) are due annually by April 1. You can learn more about plan reporting and compliance on the PRB website: https://lnkd.in/g64aPQd4
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The Midland Firemen's Relief & Retirement Fund is authorized under the Texas Local Fire Fighters Retirement Act (TLFFRA) and provides benefits to firefighters who serve and have served the city of Midland. Systems operating under TLFFRA are entirely locally funded and each have their own local boards of trustees governed by state statute. The system has 249 active members and 201 annuitants?as of 2023. You can learn more about the system on Midland Fire's website: https://lnkd.in/g7Ps_Gh8 and at the Texas Public Pension Data Center: https://lnkd.in/gUTnz9KZ
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