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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.
The Texas State Teachers Association cheered the “the death of the voucher bill” but lamented that part of the state’s nearly $33 billion surplus wasn’t used to boost pay for teachers and ...
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The Texas Highway Patrol is a division of the Texas Department of Public Safety and is the largest state-level law enforcement agency in the U.S. state of Texas.The patrol's primary duties are enforcement of state traffic laws and commercial vehicle regulation, but it is a fully empowered police agency with authority to enforce criminal law anywhere in the state.
The tipped wage is base wage paid to an employee in the United States who receives a substantial portion of their compensation from tips. According to a common labor law provision referred to as a "tip credit", the employee must earn at least the state's minimum wage when tips and wages are combined or the employer is required to increase the ...
Joseph Bustos. May 10, 2023 at 8:44 AM. South Carolina state employees can expect a pay raise of $2,500 or 5%, whichever is higher, state budget writers have decided. With $800 million in ...
For two consecutive years, all state employees will get 3% raises. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
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.