Employees Retirement System of Texas (ERS) is an agency of the Texas state government. ERS was created in 1947. It oversees

retirement Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their j ...

benefits of state employees. It is headquartered at 200 E 18th Street in Austin,

Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...

. It is currently managed by CIO Tom Tull.

Funding

As of 2020, the total unfunded liabilities of ERS is $14.7 billion.

References

http://dfs-marketing.com http://myretirementsaving.com

External links

Employees Retirement System of Texas

Retirement Plan
State agencies of Texas 1947 establishments in Texas Public pension funds in the United States {{Texas-stub