Teacher Retirement System Of Texas Governance Committee Meeting
The Governance Committee and Board of Trustees meeting focused on several key items, including the review and approval of performance pay plans for the Executive Director, the Investment Management Division, and TRICOT. Discussions involved proposed administrative updates to plan dates and position titles, as well as streamlining provisions related to death, disability, and retirement in the Executive Director's plan. Additionally, the committee reviewed the Member and Employer Outreach Plan and the statutorily required four-year rule review, which involved recommendations for readopting, amending, or repealing various Texas Administrative Code rules.
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Teacher Retirement System of Texas Board of Trustees Board Meeting
The board meeting agenda focused on administrative and operational matters, including the Executive Director's report, health insurance program investment proposals, and a report on procurement and contracting. Key agenda items included deliberations on regional office leasing, personnel matters, and reports from the Benefits, Investment Management, Governance, and Audit, Compliance, and Ethics Committees. Additionally, the board reviewed benefit plan premium and rate adjustments, internal audit plans, and information security updates.
Jul 16, 2026·Board meeting agenda packet
Teacher Retirement System of Texas Budget Committee Meeting
The Budget Committee and Board of Trustees meeting focused on the proposed Fiscal Year 2027 Administrative Operating Budget, which includes the addition of 24 new full-time equivalent positions to support initiatives in artificial intelligence, cybersecurity, member services, and data management. Discussions also covered the fiscal year 2028-2029 Legislative Appropriations Request, including state match contributions and administrative operations. The Board voted to certify estimated state contributions for the retired school employees group insurance fund (TRS-Care) for the upcoming fiscal year and the 2028-2029 biennium, as well as contributions to the Pension Trust Fund for the 2028-2029 biennium.
Jul 16, 2026·Board meeting agenda packet
Teacher Retirement System of Texas Governance Committee Meeting
The committee reviewed the Executive Director's Areas of Focus for the upcoming fiscal years and discussed modifications to the Executive Director's Performance Pay Plan. Members evaluated proposed amendments to TRS rules regarding limited-time enrollment for retirees and coverage termination dates. Other agenda items included a review of the agency's rule review process, amendments to the Member and Employer Outreach Plan, and revisions to the Investment Policy Statement to address manager concentration limits.
