Information for Cities
Notices for Cities
11/29/2011
TMRS Submits Results of Social Security Survey to Pension Review Board
At the request of the Pension Review Board, TMRS conducted a survey to determine the percentage of member municipalities that currently participate in the federal Social Security Program. TMRS received survey responses from 434 cities. Additionally, 71 other cities were contacted by phone or email, and TMRS made further calls to clarify survey responses. For those cities not responding to the survey, TMRS used existing information maintained by the Employees Retirement System. The results are available here.
10/17/2011
GRS Presentation on GASB Exposure Drafts
At the October 12 TMRS Board meeting, TMRS' actuary gave a presentation, "Update on GASB Impact - the Exposure Drafts," available here.
8/29/2011
TMRS Economic Impact Study
In 2007, TMRS arranged for noted economist Ray Perryman to study the impact of TMRS benefits on local Texas economies. A copy of the Perryman Report is downloadable here.
6/21/2011
Actuarial Reports
A report from consulting actuary GRS (updated July 2011) on the 12/31/2010 Actuarial Valuation.
A report from consulting actuary GRS on the 12/31/2010 Actuarial Valuation.
Actuarial Valuation of TMRS as of 12/31/2010 containing city rates for the year beginning January 1, 2012.
5/25/2011
Reminder to Use Current TMRS Forms
The following forms were recently revised, and TMRS no longer accepts the old versions of these forms:
- Refund Application (TMRS-0005)
The rollover form included with the refund application was revised in 2010; the newest version of this form must be used. - Selection of Partial Lump Sum Distribution (TMRS-PLSD)
The PLSD selection form included as part of the retirement packet was also revised in 2010 due to changes in rollover rules. - Direct Deposit Authorization (TMRS-80E)
This form was revised in 2010; therefore any TMRS-80E issued before that date will no longer be accepted.
NOTE: Everyone — cities and members — needs to use the new forms. If old forms are submitted, TMRS will return them and request resubmission of the new forms.
Please help get this information out to your members and also replace your old forms with new ones. The revision date of forms can be found at the bottom left corner of each form, for example: TMRS - 080E • Revised 7-2010.
8/12/2010
New! Find your regional manager's name and contact information by selecting your city name from this menu.
8/12/2010
TMRS has mailed letters to all cities regarding the potential impact of a proposal to restructure TMRS funds. You should be receiving the letter this week. Please note that the 800 number in the letter footer is incorrect. The correct number to reach TMRS is 800-924-8677. Thank you, and please accept our apologies for any confusion.
Prior Notices
If you are not receiving the TMRS E-bulletin, sign up online.
2011 Municipal Contribution Rate Letters are available online. Cities should have received their copies in the mail (rate letter packets were sent May 17). If you have not received yours and need a copy, call TMRS. 2010 Municipal Contribution Rate Letters are also available online.
GRS (Actuary) presentations to the Board, 6/18/09:
Ad Hoc Benefit Enhancement Policy | Closed Plan Amortization Policy
GRS presentations to the Board and Advisory Committee, 8/21/09:
Recent Actuarial Changes | Rate Expectations | Reserving Policy | Fund Structure
GRS presentation to the Board, 9/25/09:
Asset Smoothing
TMRS ID Numbers • TMRS assigns ID numbers to avoid using Social Security numbers for members. The ID Numbers are used on Annual Statements and correspondence to members. You don't need to do anything special regarding these numbers except to inform members this is a special number assigned to them for TMRS account identification.