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At the Texas County & District Retirement System (TCDRS), we do things a little differently. For starters, we do not receive state funding. Each plan is funded by investment earnings, the employer and its employees. Retirement benefits are funded over the length of each employee’s career. That means members can count on their benefits when they are ready to retire.
The Texas Legislature created TCDRS in 1967. Since then, we've grown into a strong, multi-billion dollar trust with more than 700 participating employers. We're proud to help our members build a financially secure retirement.
TCDRS helps more than 270,000 Texans plan for their futures. To do that, we partner with counties and districts to provide retirement, disability and survivor benefits to our members.
TCDRS is a leader among U.S. public retirement plans, in part because we’re led by an experienced team with a unique understanding of financial strategy.
Our final investment return for 2016 was 7.5%. The final value came in at the high end of our earlier estimate due to the strong fourth quarter performance of our private asset classes, particularly Private Equity and Distressed De...
On March 29, 1967, thunder rolled through the Texas Capitol. That’s the day the Texas House of Representatives met inside the house chamber to discuss House Bill 85, the bill that would go on to establish the Texas Count...