Bill Text: TX SR29 | 2019-2020 | 86th Legislature | Enrolled
Bill Title: Recognizing the Texas Association of Public Employee Retirement Systems on the occasion of its 30th anniversary.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2019-01-23 - Reported enrolled [SR29 Detail]
Download: Texas-2019-SR29-Enrolled.html
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WHEREAS, The Texas Association of Public Employee Retirement | ||
Systems is celebrating its 30th anniversary in 2019; and | ||
WHEREAS, Founded in 1989, TEXPERS is a statewide voluntary | ||
nonprofit organization; it educates its members about effective | ||
management of public employee retirement systems and advocates | ||
for the secure retirement of Texans who have dedicated their | ||
careers to public service; and | ||
WHEREAS, The association's member systems represent nearly | ||
300,000 active and retired employees of police and fire | ||
departments, municipalities, airport authorities, hospital | ||
districts, community colleges, and other agencies; and | ||
WHEREAS, Public employee retirement systems in Texas make | ||
a substantial direct economic impact in the state, helping to | ||
create jobs and commerce; in 2018, they provided well over | ||
$29 billion in economic stimulus in Texas, and they generated | ||
$4.4 billion in federal, state, and local taxes; and | ||
WHEREAS, Since its inception, TEXPERS has provided forums | ||
for discussing state and national legislative issues that affect | ||
public pension systems; it has also supplied important | ||
information on retirement system administration, benefit design, | ||
actuarial integrity, federal programs, and protection of the | ||
rights of pension systems and the employees they cover; in | ||
addition, it offers valuable training for trustees and | ||
administrators; and | ||
WHEREAS, Public pension systems offer tremendous benefit | ||
both to their members and to society as a whole, and through its | ||
outstanding efforts, TEXPERS plays a vital role in maintaining | ||
the soundness of public pension funds; now, therefore, be it | ||
RESOLVED, That the Senate of the State of Texas, 86th | ||
Legislature, hereby congratulate the Texas Association of Public | ||
Employee Retirement Systems on its 30th anniversary and extend to | ||
all those associated with this noteworthy organization sincere | ||
best wishes for continued success; and, be it further | ||
RESOLVED, That an official copy of this Resolution be | ||
prepared for the association as an expression of high regard by | ||
the Texas Senate. | ||
Nichols | ||
________________________________ | ||
President of the Senate | ||
I hereby certify that the | ||
above Resolution was adopted by | ||
the Senate on January 23, 2019. | ||
________________________________ | ||
Secretary of the Senate | ||
________________________________ | ||
Member, Texas Senate |