The Texas Pension Review Board (PRB) is mandated to oversee all Texas public retirement systems, both state and local, in regard to their actuarial soundness and compliance with state law. Our mission is to provide the State of Texas with the necessary information and recommendations to ensure that our public retirement systems, whose combined assets total in the multi-billions, are financially sound, benefits are equitable, the systems are properly managed, tax expenditures for employee benefits are kept to a minimum while still providing for those employees, and to expand the knowledge and education of administrators, trustees, and members of Texas public pension funds. Feel free to provide feedback and suggestions regarding the site.
The proposed rules regarding Investment Expense Reporting for Public Retirement Systems were published in the December 6th issue of the Texas Register and can be found at the following links: HTML version or PDF version (p. 59 of the PDF).
The PRB will be accepting public comments related to the proposed rules until 5:00 p.m. on January 10, 2020. Please e-mail any comments on the proposed rules to firstname.lastname@example.org.