Articles from May 2016

Interview with ERS Executive Director Porter Wilson

Posted on 5/31/2016
TPEA recently visited with ERS Executive Director Porter Wilson on his path to the agency, his forecast for the upcoming legislative session and more.

Plan Year 2017 Rates Adopted

Posted on 5/19/2016
The ERS Board of Trustees met May 17 and took several actions significant to active and retired state employees.

ERS Sunset Review Update

Posted on 5/19/2016
The Sunset Commission staff report on the Employees Retirement System was released in late April. The report recommends changes to the agency’s contracting and administrative processes—changes ERS is already in the process of implementing or planning

State Budget Forecast

Posted on 5/19/2016
Unlike the 2015 legislative session, when legislators were able to apply a budget surplus to shore up the ERS pension fund, this session will prove more challenging for legislators to honor new budget requests and meet growing obligations.