The Senate Committee on State Affairs will meet to take up and consider the following interim charges: Monitor changes made to the Employees Retirement System regarding member contributions and proposed reforms to the Teacher Retirement System of Texas. Monitor the electronic voting program for certain military members serving overseas. Invited testimony only.
The committee will hear invited and public testimony on the following interim charges: Study the impact that fluctuations in global financial markets have had on public pension funds. Analyze assumed rates of return on investments, structures among asset classes, long-term and shorter-term investment goals, and make appropriate recommendations to ensure the investment structure of public […]
