Employees Retirement System of Texas
Employees Retirement System of Texas (ERS) is an agency of the Texas state government.
ERS was created in 1947. It oversees retirement benefits of state employees. It is headquartered at 200 E 18th Street in Austin, Texas. It is currently managed by CIO Tom Tull.
Funding
As of 2020, the total unfunded liabilities of ERS is $14.7 billion.
Retirement Plan