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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 Benefit(s) may refer to: Arts and entertainment * ''Benefit'' (album), by Jethro Tull, 1970 * "Benefits" (''How I Met Your Mother''), a 2009 TV episode * "Benefits", a 2018 song by Zior Park * '' The Benefit'', a 2012 Egyptian action film Busi ...
of state employees. It is headquartered at 200 E 18th Street in
Austin, Texas Austin ( ) is the List of capitals in the United States, capital city of the U.S. state of Texas. It is the county seat and most populous city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and W ...
. 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