88R10350 JRI-D
By: AnchÃa H.C.R. No. 66
CONCURRENT RESOLUTION
WHEREAS, The trustees and staff of the Texas Municipal
Retirement System (TMRS) are celebrating the organization's 75th
anniversary in 2023; and
WHEREAS, Since it commenced operations in 1948, TMRS has been
a model for public retirement systems nationwide, and today, it is
one of the largest in the country and prudently manages $35 billion
in trust fund assets on behalf of more than 915 participating Texas
cities; and
WHEREAS, TMRS currently serves more than 210,000 members,
retirees, and beneficiaries, and helps ensure their financial
security by providing retirement, disability, and death benefits;
the benefit payments made to TMRS members contribute billions of
dollars to the Texas economy and its communities; and
WHEREAS, Over the past three-quarters of a century, TMRS has
helped provide many Texans with peace of mind as they prepare for
retirement, and the organization is indeed deserving of special
recognition on this important milestone in its history; now,
therefore, be it
RESOLVED, That the 88th Legislature of the State of Texas
hereby congratulate the Texas Municipal Retirement System on its
75th anniversary and extend to all those associated with the
organization sincere best wishes for the future; and, be it further
RESOLVED, That an official copy of this resolution be
prepared for the Texas Municipal Retirement System as an expression
of high regard by the Texas House of Representatives and Senate.