Lege TREND. Pension Administration Review. 3 Points for 2019 Review in Texas.

Background on pension administration in Texas: 

  • 24% increase in 2 years for top-paid 20 pension investment executives
  • pension executive salaries & bonus exceed that of the Governor and agency heads

What 3 things did House Pension Chair Flynn point to in an interview?

  • more to the picture than rising salaries within a debt-ridden system
  • ” we have a responsibility to make sure these high salaries and these bonuses are justified.”
  • that the salaires outpace those of the Govenror and agency heads caught his attention

Texas Monitor | High salaries for investment execs at pension funds may get close review