2017 CAFR now available
In the aftermath of Hurricane Harvey, TCDRS members and employers were on the front lines providing vital services even as they themselves were affected by the storm. Our Comprehensive Annual Financial Report (CAFR), which is now available online, highlights the valuable work of our members and employers. We are proud to help these Texans retire with confidence.
As of Dec. 31, 2017, TCDRS has grown to include 760 counties and districts. We serve more than 294,000 members, including nearly 64,000 retirees and their beneficiaries. Last year, our investment return was 14.7%.
Our unique plan helps employers provide reliable benefits to their employees. Employers pay 100% of their required rates and members save for their own retirements over the course of their careers. At retirement, benefits are based on a member’s final savings balance and employer matching.