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The entrance to the T.R.S. Building on Red River Street in Austin. Teacher Retirement System of Texas (TRS) is a public pension plan of the State of Texas.Established in 1937, TRS provides retirement and related benefits for those employed by the public schools, colleges, and universities supported by the State of Texas and manages a $180 billion trust fund established to finance member benefits.
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
Texas portal This category includes articles on organizations based in the U.S. state of Texas . Organizations include, among others, voluntary associations and 501(c) non-profit organizations; companies and for-profit organizations, religious organizations, and so on, are also appropriate.
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.
Pension administration in the United States is the act of performing various types of yearly service on an organizational retirement plan, such as a 401(k), profit sharing plan, defined benefit plan, or cash balance plan. Increasingly, employers are also implementing these plan types in combination arrangements for greater contribution ...
Third-party administrators also handle many aspects of other employee benefit plans such as the processing of retirement plans and flexible spending accounts. Many employee benefit plans have highly technical aspects and difficult administration that can make using a specialized entity such as a TPA more cost effective than doing the same ...
For example, the Texas University Interscholastic League (public schools, with non-public schools generally not allowed) is a full member; the largest association governing non-public schools, the Texas Association of Private and Parochial Schools, is an affiliate member, while other governing bodies are not NFHS members at any level.
In 1830, Sterling C. Robertson of the Texas Association, along with Alexander Thomson, Jr. [18] began recruiting settlers for the Texas colonization. The new Law of April 6, 1830, however, nullified the colonization contract with the Texas Association. Stephen F. Austin was able to get an exemption for his colony and that of Green DeWitt. [19]