News

On October 9, The online Texas political newsletter, the Quorum Report, published this article about the Employees Retirement System's investment returns.

Public Pensions Provide a Secure Retirement

The adopted changes will reduce investments in fixed income securities and domestic stocks and redirect these reductions to alternative investments, i.e., real estate, hedge funds.  This reallocation intends to improve the rate of return (ROR) on the ERS portfolio.

AFSCME mourns the loss of Alvin Turner, a participant of the 1968 Memphis, Tennessee, sanitation workers’ strike for higher wages, better working conditions and the right to organize.