Employees Retirement System of Texas
Building in Austin, TX
From Wikipedia, the free encyclopedia
Employees Retirement System of Texas (ERS) is an agency of the Texas state government.[1]
ERS was created in 1947 through amendment to the State Constitution.[2] It oversees retirement benefits of state employees.[3] It is headquartered at 200 E 18th Street in Austin, Texas.[4] It is currently managed by CIO Tom Tull.[5][6]
Funding
As of 2020, the total unfunded liabilities of ERS is $14.7 billion.[7]
