Texas' public pension systems — including the one state lawmakers pay into — have an airtight exemption from the landmark 1973 sunshine law that was designed to let taxpayers known how public money is being spent. But some lawmakers want to change that.Full Story
The Pension Review Board is a state agency that oversees all public retirement systems. It is directed to ensure that the accounts are managed properly and kept financially stable, and to see that the benefits are equitable.
The Texas Sunset Commission offers a more in-depth explanation of the Board:
"Created by the Legislature in 1979, the State Pension Review Board ...
Gov. Rick Perry has sparked a wave of criticism, and some unanswered questions, after filing paperwork this week revealing that he is collecting both a salary and a pension from the state of Texas. Critics say there are rules designed to prevent such arrangements. Perry and his aides say its perfectly legal.Full Story
As they talk of cutting pension contributions and raising premiums for state employee health care and mandating layoffs and furloughs at state agencies, what are lawmakers doing to their own compensation and benefits?Full Story
Gov. Scott Walker should come to Texas, where much of what he’s seeking already exists. The right to bargain collectively isn’t allowed among state employees, and no public employee in Texas may legally go on strike.Full Story
The big-government crowd in Washington and elsewhere are bankrupting our country. And Republicans are just as culpable as Democrats in treating our taxpayer dollars as “other people’s money” to be spent as they and the special interests decide.Full Story
A federal conviction for lying on her taxes may send embattled Dallas Democratic Rep. Terri Hodge to prison. But it won’t stop her from drawing a state pension.Full Story
Though Texas employees are increasingly retiring just to get rehired — a clever way to bring in a salary AND a pension at once — USA Today reports that many states are curbing the practice.Full Story
No snowbirds here. A growing number of state employees are retiring and coming straight back to work, padding — and in some cases nearly doubling — their state salaries with pension pay-outs.Full Story