Texas House Bill HR1173

Texas 2015 - 84th Regular

Caption

Recognizing the 26th annual Conference of the Texas Association of Public Employee Retirement Systems taking place March 29 through April 1, 2015.

Impact

The resolution honors the vital role the Texas Association of Public Employee Retirement Systems plays in providing a platform for discussing important legislative issues concerning public pensions. The conference serves as an essential venue for trustees and administrators to receive training and share knowledge that enhances the management and administration of retirement systems. By facilitating communication among industry stakeholders, TEXPERS contributes to the overall stability and sound condition of public pension funds in Texas.

Summary

H.R. No. 1173 is a resolution recognizing the 26th Annual Conference of the Texas Association of Public Employee Retirement Systems (TEXPERS), which is scheduled from March 29 to April 1, 2015. The resolution highlights the significance of TEXPERS as a voluntary statewide organization that aims to protect public employee retirement systems and promote best management practices within this sector. Founded in 1989, TEXPERS has grown to include public retirement systems representing over 300,000 public employees across Texas, including various public service roles.

Sentiment

The sentiment surrounding HR1173 is positive, reflecting a broad-based appreciation for the contributions of TEXPERS to the public employee retirement system. The resolution signifies recognition of the organization’s efforts in providing critical training and information which ultimately benefits Texas's public employees. The collaborative atmosphere of the conference is intended to foster engagement among various stakeholders, which is seen favorably by both legislators and participants in the retirement community.

Contention

While H.R. No. 1173 appears unanimously supported, it nevertheless underscores ongoing conversations within the legislative framework concerning retirement systems management and funding. The recognition of TEXPERS also indirectly points to broader issues within public pension systems, such as the need for ensuring their long-term actuarial integrity. These discussions carry importance as they address how effectively the state can govern and oversee public retirement policies while accommodating the changing needs of employees.