Blog Posts from December 2016

State on the Precipice of Major Brain Drain

Posted on 12/20/2016
Although state employee turnover decreased 0.4 percent in FY 2016, an annual report from the State Auditor’s Office presents cause for concern about the stability of the state workforce.

Increased Contributions Keep Pension Fund on the Road to Recovery

Posted on 12/15/2016
The ERS board has adopted the FY 2016 actuarial valuation for the ERS pension fund. Increasing State and employee contributions to 9.5 percent has reduced the projected funding period from infinite to 35 years.

Nominations for ERS Board Election Open Jan 2

Posted on 12/14/2016
The election process for a seat on the ERS board begins Jan. 2. The election is for the seat currently held by Texas Department of Transportation CFO Brian Ragland, whose term ends Aug. 31, 2017.

Lumping All Pensions Together Is Dangerous

Posted on 12/8/2016
"Dealing in absolutes is risky business, and it’s downright irresponsible when you’re advocating for sweeping change to the retirement plans of hundreds of thousands of Texans," writes TPEA executive diretor Gary W. Anderson.

ERS Board Selects Blue Cross Blue Shield of Texas as HealthSelect Administrator

Posted on 12/3/2016
The ERS board has selected Blue Cross Blue Shield of Texas as the third-party administrator of the HealthSelect of Texas plan (including Consumer Directed HealthSelect) beginning Sept. 1, 2017.

Emergency Request for CPS Pay Raises Approved

Posted on 12/1/2016
TPEA applauds an agreement reached Dec. 1 to provide $12,000 pay raises to about 6,000 front-line caseworkers and percentage salary increases to an additional 1,110 managers and special investigators at Child Protective Services.