Texas Government Code §802.109 requires the PRB to submit an investment performance report to the governor and legislative leadership offices that compiles and summarize information received in the evaluations. This report contains aggregate analysis of the evaluations, summaries of each individual evaluation and resources including a compilation of references from the evaluations to help systems access best practices and relevant benchmarking resources.
The PRB directed staff to study the possible benefits for smaller pension systems of pooling trust funds for investment purposes as part of the agency’s mandate to include recommendations relating to public retirement systems that the board finds advisable through its Biennial Report.
