SENATE RESOLUTION NO. 29
WHEREAS, The Texas Association of Public Employee Retirement
Systems is celebrating its 30th anniversary in 2019; and
WHEREAS, Founded in 1989, TEXPERS is a statewide voluntary
nonprofit organization; it educates its members about effective
management of public employee retirement systems and advocates
for the secure retirement of Texans who have dedicated their
careers to public service; and
WHEREAS, The association's member systems represent nearly
300,000 active and retired employees of police and fire
departments, municipalities, airport authorities, hospital
districts, community colleges, and other agencies; and
WHEREAS, Public employee retirement systems in Texas make
a substantial direct economic impact in the state, helping to
create jobs and commerce; in 2018, they provided well over
$29 billion in economic stimulus in Texas, and they generated
$4.4 billion in federal, state, and local taxes; and
WHEREAS, Since its inception, TEXPERS has provided forums
for discussing state and national legislative issues that affect
public pension systems; it has also supplied important
information on retirement system administration, benefit design,
actuarial integrity, federal programs, and protection of the
rights of pension systems and the employees they cover; in
addition, it offers valuable training for trustees and
administrators; and
WHEREAS, Public pension systems offer tremendous benefit
both to their members and to society as a whole, and through its
outstanding efforts, TEXPERS plays a vital role in maintaining
the soundness of public pension funds; now, therefore, be it
RESOLVED, That the Senate of the State of Texas, 86th
Legislature, hereby congratulate the Texas Association of Public
Employee Retirement Systems on its 30th anniversary and extend to
all those associated with this noteworthy organization sincere
best wishes for continued success; and, be it further
RESOLVED, That an official copy of this Resolution be
prepared for the association as an expression of high regard by
the Texas Senate.
Nichols
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President of the Senate
I hereby certify that the
above Resolution was adopted by
the Senate on January 23, 2019.
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Secretary of the Senate
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Member, Texas Senate