Pension Privacy Gets Attention of Legislators

Bidness as Usual

This is one in a series of occasional stories about ethics and transparency in the part-time Texas Legislature.

State elected officials, from the governor on down, have the kind of pension benefits that people in the private sector can only dream of. The benefits are vested after just eight years. They can retire at age 50 with 12 years of service. There are multiple avenues to boost their pension amount. There is even a provision allowing them to double dip their salary and retirement benefits.

And it is all completely secret.

Individual records held by the state’s public pension systems ...

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