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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 760 participating employers. We're proud to help our members build a financially secure retirement.
TCDRS helps more than 294,000 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.
Gov. Greg Abbott has appointed Susan Fletcher and Kara Sands, and reappointed Mary Louise Nicholson, to serve on the nine-member TCDRS Board of Trustees for terms set to expire on Dec. 31, 2023.
The TCDRS Board of Trustees has reviewed and updated our capital market assumptions for 2019. The revised assumptions are available online.
Capital market assumptions help us build a diversified portfolio. They are forward-loo...