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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 677 participating employers. We're proud to help our members build a financially secure retirement.
TCDRS helps more than 255,000 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.
TCDRS Completes Investment Video Series
Our asset allocation is designed to achieve our long-term 8% return goal with an acceptable level of risk. Each asset class we invest in plays an important role in our portfolio. A new vide...
GASB Issues New Exposure Draft
The Governmental Accounting Standards Board (GASB) released a document requesting public comment (also called an exposure draft), about pension benefit issues raised during the implementation...