October 2021
Memorial Service for Longtime Defender of Secure Retirement Held Oct. 13
Michael J. Curran, a former member of TEXPERS' Board of Directors, died on Oct. 5.

A Houston resident, Curran, 75, worked as a CPA for the Metropolitan Transit Authority of Harris County. After he retired from the transit authority, he became an active member of TEXPERS and served two full terms on its Board of Directors between 2006 and 2014. 

Cryptocurrency Poll Results
In our September 2021 TEXPERS Outlook newsletter, we polled our members asking if their funds are bringing cryptocurrency into investment portfolios. In the unscientific survey, of the 47 respondents, 53.2% said, "No," 27.7% indicated their funds "haven't decided," and 19.1% marked, "Yes."
Pandemic Didn't Sideline Cybercriminals: Report

Even though the novel Coronavirus pandemic slowed down life for businesses in 2020, it did not deter the ambitions of cybercriminals. In fact, according to the FBI, it received 791,790 complains in 2020, a record for the bureau.

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Member Poll
Have you even been the victim of a cyberattack, e.g. ID theft, malware, ransomware, etc.?
I'm not sure
Texas lawmakers tackle long-term obligations - Corridor News

This article on long-term obligations primarily focuses on recent changes to state employee pension funding and provides brief updates on retirement and health care benefits for public school teachers.

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NCPERS Highlights New Texas Law
Focused on Pension Funding Policy
In a newsletter, NCPERS discusses a new Texas law that revises provisions for developing the public retirement system's funding policy. This article is part of the newsletter's Around the Regions section, highlighting various events impacting public pensions in different parts of the country.

Texas Teachers adopts formal ESG policy

Investment staff of the $193.1 billion Teacher Retirement System of Texas, Austin, received the go-ahead to incorporate an ESG statement into its broad investment policy statement during a board of trustees meeting Friday.*

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Membership Magazine
Next month, you will receive the final edition of TEXPERS Pension Observer for 2021. Here is the previous issue of our association's membership magazine, which promoted our Summer Educational Forum in April. You can access the digital edition by clicking the cover to the left.
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About Us 
The Texas Association of Public Employee Retirement Systems (TEXPERS) is a statewide voluntary nonprofit association that provides education and legislative advisory services to the trustees, administrators, professional service providers and employee groups that manage the retirement money of police, firefighters, municipal and district employees in cities across Texas.