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Each city's unfunded liability is amortized over a closed period of no more than 30 years. Each Member's benefits are advance funded over the Member's working career. Contribution “holidays” are not allowed; every city must pay its required contribution. Funded Status - The funded status (ratio) of TMRS, as a system, was 89.7% as of 12/31/2023.
Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
El Paso (/ ɛ l ˈ p æ s oʊ /; Spanish: [el ˈpaso]; lit. ' the route ' or ' the pass ') is a city in and the county seat of El Paso County, Texas, United States.The 2020 population of the city from the U.S. Census Bureau was 678,815, [5] making it the 22nd-most populous city in the U.S., the most populous city in West Texas, and the sixth-most populous city in Texas. [8]
The city of El Paso is hosting the following meet-and-greets with the four finalists for city manager: 5:30-7:30 p.m. Tuesday, Aug. 6, Nolan Richardson Recreation Center, 4435 Maxwell Drive
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The El Paso metropolitan area, officially the El Paso metropolitan statistical area, as defined by the United States Census Bureau, is an area consisting of two counties – El Paso and (since 2013) Hudspeth – in far West Texas, anchored by the city of El Paso. As of the 2020 United States census, the MSA had a population of 868,859.
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