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 reporting requirements under Chapter 802, Texas Government Code.
Amy Cardona has been named the executive director of the PRB effective May 13, 2022. Ms. Cardona has served as the agency’s interim executive director since March 2022.
Annual reports are due to the PRB within 211 days after the end of a system’s fiscal year end date.
Annual training reports (PRB-2000s) are due on September 1st for training taking place between September 1 and August 31 of the preceding year.
The PRB is engaging in rulemaking to facilitate implementation of the legislature’s 2021 changes to the Funding Soundness Restoration Plan (FSRP) statute.
Comments received from stakeholders about the draft rules and board policy for Funding Soundness Restoration Plans will be discussed during the July 14, 2022 board meeting.
