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R E S O L U T I O N
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WHEREAS, The Texas Association of Public Employee Retirement |
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Systems is celebrating its 30th anniversary in 2019; and |
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WHEREAS, Founded in 1989, TEXPERS is a statewide, voluntary |
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nonprofit organization; it educates its members about effective |
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management of public employee retirement systems and advocates for |
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the secure retirement of Texans who have dedicated their careers to |
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public service; and |
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WHEREAS, The association's member systems represent nearly |
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300,000 active and retired employees of police and fire |
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departments, municipalities, airport authorities, hospital |
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districts, community colleges, and other agencies; and |
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WHEREAS, Public employee retirement systems in Texas make a |
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substantial direct economic impact in the state, helping to create |
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jobs and commerce; in 2018, they provided well over $29 billion in |
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economic stimulus in Texas, and they generated $4.4 billion in |
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federal, state, and local taxes; and |
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WHEREAS, Since its inception, TEXPERS has provided forums for |
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discussing state and national legislative issues that affect public |
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pension systems; it has also supplied important information on |
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retirement system administration, benefit design, actuarial |
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integrity, federal programs, and protection of the rights of |
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pension systems and the employees they cover; in addition, it |
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offers valuable training for trustees and administrators; and |
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WHEREAS, Public pension systems offer tremendous benefit |
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both to their members and to society as a whole, and through its |
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outstanding efforts, TEXPERS plays a vital role in maintaining the |
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soundness of public pension funds; now, therefore, be it |
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RESOLVED, That the House of Representatives of the 86th Texas |
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Legislature hereby congratulate the Texas Association of Public |
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Employee Retirement Systems on its 30th anniversary and extend to |
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all those associated with this noteworthy organization sincere best |
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wishes for continued success; and, be it further |
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RESOLVED, That an official copy of this resolution be |
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prepared for the association as an expression of high regard by the |
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Texas House of Representatives. |