| |
|
|
SENATE RESOLUTION NO. 29
|
|
|
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 |