October 8, 2021
Austin, Texas (October 8, 2021) — The Texas Public Employees Association (TPEA), the largest nonpartisan association for active and retired Texas state employees, recently honored Texas Senator Charles Schwertner with an award for providing valuable support in restoring the Employees Retirement System (ERS) pension fund.
“Senator Schwertner’s support was vital in tackling the pension fund debt,” said Executive Director Ann Bishop. “We are thankful to Senator Schwertner for ensuring that the over 26,000 essential Texas employees and retirees of his district and of the entire state maintain their well-deserved pensions.”
“Senate District 5 is home to the second-highest population of state employees and retirees, and I am happy to have helped ensure their pensions are financially sound and will be secure into the future,” said Senator Schwertner.
TPEA was instrumental in the creation of the ERS pension fund and health insurance for state employees and retirees. Most recently, the association lobbied for the additional monies necessary to both address an almost $15B debt and move the ERS pension fund toward actuarial soundness.
Contact: Hannah Schaeffer
FAQ - 13th Checks and Special Session
In recent days, the matter of 13th checks for members of the Teachers Retirement System (TRS) has dominated headlines because
ERS reduces premium rates for Medicare retirees
The Employees Retirement System (ERS) Board adopted significantly reduced rates for Medicare retirees at its August 19,
House committee requesting public comment on ERS' actuarial soundness
The House Committee on Pensions, Investments, & Financial Services is requesting written submissions from
Essential Texans III: We're not last responders As the funeral industry handles half a million COVID-19 related deaths in the