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March 28, 2024 at 11:34 PM. Ryan C. Hermens/rhermens@herald-leader.com. The two-year budget finalized late Thursday contains some good news for current state employees but fails to increase ...
Of those who plan to give pay raises, 13% say they’ll increase average compensation by 10% or more, 58% plan an increase between 4% to 9%, and 26% plan for nominal change.
The 80th Texas Legislature increased the state contribution rate to the Teacher Retirement System of Texas from 6.0% to 6.58% of employee payroll. This, coupled with investment returns of 14.4% in 2007, yielded an actuarial valuation that allowed the pension trust fund to pay the supplemental payment and still have a funding period under 31 years.
Texas is the second-most populous state in the United States after California and the only other U.S. state to surpass a total estimated population of 30 million people as of July 2, 2022. [215] [216]
Employees Retirement System of Texas. Employees Retirement System of Texas (ERS) is an agency of the Texas state government. [1] ERS was created in 1947. [2] It oversees retirement benefits of state employees. [3] It is headquartered at 200 E 18th Street in Austin, Texas. [4] It is currently managed by CIO Tom Tull.
April 6, 2024 at 11:48 AM. Kansas government employees are in line for a pay raise this year, but not as big of a raise as lawmakers are getting. Legislators approved the state budget in Senate ...
In October 2019, the state of Colorado proposed running public healthcare option through private insurers, which are to bear the brunt of the costs. Premiums under the public option are touted to be 9% to 18% cheaper by 2022. [needs update] Equity US health insurance coverage by source in 2016.