WE’RE HERE FOR THE LONG HAUL

Investment Strategy & Management

At TCDRS, we’re long-term investors. Considering that our members have an average of 18 years of service time and are retired for another 20 years, we have more than 30 years to save and invest for each member’s retirement benefits.

TCDRS invests for more than 294,000 Texans. Each is at a different stage in his or her career: just hired, mid-career, approaching retirement and retired. Instead of becoming more conservative over time — as individuals do as they approach and enter retirement — we can keep our portfolio optimally balanced to achieve our target return goal over the long term. In that sense, the TCDRS portfolio is “forever young”.

Our investment goal is to achieve an 8% return over the long term — that 30-year horizon — within an acceptable level of risk.

We attribute our success to three factors: people, process and performance.


RESPONSIBLE GUIDANCE

Our board of trustees and experienced investment staff, along with outside advisors, work together to make responsible decisions based on our investment policy.

LEARN MORE ABOUT OUR PEOPLE & POLICY

PLAN. INVEST. REVIEW. REPEAT.

Our process is vital to our success. We plan ahead, using forward-looking assumptions, perform extensive due diligence to hire outstanding investment managers, and then continuously evaluate our performance to ensure we meet our long-term goal.

LEARN HOW WE MANAGE OUR PORTFOLIO

KEEPING AN EYE ON THE HERD

At TCDRS, we diligently monitor the performance of our asset classes, our investment managers and our portfolio as a whole, comparing it to industry-established benchmarks.

SEE HOW WE MEASURE PERFORMANCE
10.01.18

Annual survey finds employers are highly satisfied with TCDRS

  Each year, we send our participating employers a survey to request feedback on their overall satisfaction with the system...

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07.09.18

TCDRS Helps Power Texas

  TCDRS retirement benefits don’t just help Texans retire with confidence. They help power the Texas economy. Since TCDR...

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