Texas Teachers Closer to Getting a Boost from State
New legislation seeks to shore up fund, give one-time check to retirees.
Tag: Texas
Newsmakers
Hiring for Texas Teachers’ Private Equity Fleet ‘On Schedule’
CIO Jerry Albright ‘pleased’ as hiring worries for internalization plans diminish.
Regulation
Dallas Police and Fire Wins Court Ruling on Post-Retirement Income
Texas Supreme Court sides with fund’s reduction of required 8% return from special program.
Research
Texas Teacher Retirees Could Receive a One-Time Pay Bump in 2020-21 Budget
What two new bills might do to help some of the fund’s retirees.
Newsmakers
Texas Teachers’ Launches Strategic Asset Study
Pension notes that the current asset allocation is ‘good…but can we do better?’
Corporate Moves
Texas Teachers’ Hires CalSTRS, Illinois Teachers’ Officials
The two new leaders will develop the fund’s emerging manager programs and administrational functions.
Regulation
Fort Worth Lawmakers Mull Pension Fixes
Mayor hopes for compromise despite city council, police, and firefighter frustrations.
Two UTIMCO Key Funds See 1.4% Second Quarter Return
The Texas endowment's Permanent University and Long Term funds post gains of 5.8% over a 10-year period.
Regulation
Federal Judge ‘DROPs’ Police and Firefighter Pension System Lawsuit
Board froze DROP program due to insolvency woes.
Regulation
Houston Voters Approve $1 Billion in Pension Bonds
$750 million will go to the city’s police pension, and $250 million to the municipal workers' pension.
Newsmakers
Employees Retirement System of Texas Lowers Expectations
Board of trustees votes to cut expected rate of return to 7.5%.
Texas Legislature Passes Houston Pension Reform
Houston firefighters’ pension opposes the bill, and is considering legal action.
Ten-X Sees Some Markets Bucking Retail Downturn Trend
Texas, Florida cities seen as best markets for retail property investors.