Governance

TCDRS was created by the Texas Legislature in 1967 to provide Texas county and district employees with retirement, disability and survivor benefits. Our structure and operations are governed by state and federal law, however we do not receive state funding.

Governance documents

TCDRS Act  -- Our governing legislation.

TCDRS Administrative Code -- Specific rules, procedures and process for system operations.

TCDRS Investment Policy -- Set by the Board of Trustees to manage investments.

TCDRS Governance Policy -- The model for defining our strategic direction.

TCDRS Ethics Policy -- Sets basic principles and guidelines for trustees and TCDRS employees. 

Board of Trustees

The TCDRS Board of Trustees provides leadership for the system, which serves more than 255,000 TCDRS members and retirees. Our independent, nine-member board is comprised of system members and retirees appointed by the governor and confirmed by the Texas Senate.

TCDRS trustees serve staggered six-year terms and have oversight of all system operations, including the annual budget, policy determination, legislative proposals and investment policy.

The board appoints a director to manage the day-to-day operations of TCDRS and an investment officer to oversee TCDRS investments. 

Meetings

The board holds four regular meetings a year and special meetings as needed. Notices of all meetings are provided to the Texas Secretary of State and are posted in the electronic edition of the Texas Register.

2015 scheduled meeting dates:

February 17
April 2
June 25
September 17
December 10

Meeting Minutes: