COMMITTEE: State Affairs

TIME & DATE: 10:00 AM, Wednesday, April 04, 2018

PLACE: Senate Chamber
CHAIR: Senator Joan Huffman


The Senate Committee on State Affairs will meet to take up and consider the following interim charges:


                Examine and assess public pension systems in Texas. Specifically, review and assess (1) the different types of retirement plans; (2) the actuarial assumptions used by retirement systems to value their liabilities and the consequences of amending those assumptions; (3) retirement systems' investment practices and performance; and (4) the adequacy of financial disclosures including asset returns and fees. Make recommendations to ensure public pension system retirees' benefits are preserved and protected.


                Monitor the implementation of Senate Bill 2190, relating to the public retirement systems of certain municipalities.


                Monitor the implementation of House Bill 3158, relating to the retirement systems for and the provision of other benefits to police and firefighters in certain municipalities.


                Monitor the implementation of House Bill 3976, relating to the administration of and benefits payable under the Texas Public School Retired Employees Group Benefits Act.




Public testimony will be limited to 2 minutes. If submitting written testimony, please provide 15 copies to the committee clerk with your name on each.