TCDRS Speaks to House Committee

On Wed., March 10, the House Pensions, Investments & Financial Services Committee met for organizational purposes and to hear invited testimony from statewide retirement systems.

TCDRS Executive Director Amy Bishop remotely attended the meeting and provided an overview of the TCDRS plan. She covered the unique features that make TCDRS financially strong and sound, such as savings-based benefits, responsible funding and flexibility and local control for employers.

At the conclusion of Amy's remarks, Committee Chair Rep. Rafael Anchia commented that she and TCDRS are "efficient and self-sufficient".

You can view the session recording in the House Committee Broadcast Archives. Amy's system overview begins at 55:15 in the March 10 session of the House Pensions, Investments & Financial Services Committee. More information about the committee is available here.