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Legislation in the
Great State of Texas
Learn more about the 89th Regular Session of the Texas State Legislature.
Year-to-Date
At the Capitol
The 89th Regular Session of the Texas State Legislature began on January 14, 2025, and concludes on June 2, 2025. Throughout this Legislative Session, TCDRS will be reviewing, tracking and monitoring legislation that impacts TCDRS and the public pension systems in Texas. We will also be working with legislators and other key stakeholders to keep them informed about how pending legislation could impact our plan.
We are here to assist our employers and members. Please reach out to TCDRS Deputy Executive Director of Government and External Relations Jay Dyer at 800-823-7782 ext. 255 with any questions or concerns.
Government and External Affairs
Jay Dyer
As the TCDRS Deputy Executive Director of Government and External Relations, Jay is responsible for building relationships with key government officials and educating them about TCDRS while serving as the system’s primary point of contact for legislators and their staff.
Jay brings more than 20 years of experience as a policy director and government affairs expert in many levels of Texas government. He most recently served as Deputy Chief of Staff and Special Advisor to Texas Speaker of the House Dade Phelan, after initially serving as the Speaker’s Policy Director. Before joining Speaker Phelan, Jay led government relations for The University of Texas at Austin. Prior to that, he directed legislative affairs for the Governor’s Office and the Office of the Attorney General. He has also served as the general counsel to the Texas Secretary of State and has worked as a lawyer in the private sector.
PENSION OVERSIGHT
Introducing the House Committees
Earlier this session, Dustin Burrows of Lubbock County was elected Speaker of the House by his colleagues. As part of his duties, Speaker Burrows is responsible for determining the composition and membership of each standing committee of the House. The two House committees with jurisdiction over the issues that are most pertinent to TCDRS are the House Committee on Pensions, Investments & Financial Services and the House Committee on State Affairs. Below is a listing of the members of these two committees, along with the counties each member represents.
PENSION OVERSIGHT
Introducing the
Senate Committees
In the Texas Senate, Lt. Gov. Dan Patrick is responsible for determining the membership of the Senate’s standing committees. The two Senate committees that are expected to consider issues relating to TCDRS are the Senate Committee on State Affairs and the Senate Committee on Finance. Below is a listing of the members of each committee.
Texas Legislature Online
Know the Facts
Explore legislation that impacts TCDRS. Copies of bills, as well as tracking information, may be found on the Texas Legislature’s website. You can use the “Search Legislation” tool to find specific bills by keyword or bill number. Select a previous session from the dropdown menu to locate past bills.
Additional Information
Legislative Proceedings
You can view House and Senate broadcasts at Texas Legislature Online under “Legislative Activity”. We will post comittee assignments here when they become available.
These websites are included for informational purposes only. The inclusion of links on this website does not constitute endorsement of information or opinions of other organizations.
The Pension Review Board
Overseeing Texas’
Public Retirement
Systems
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The Texas Pension Review Board (PRB) requires TCDRS to create and publish an Investment Return and Assumptions Report (PRB-1000).
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The report shows our actual rate of investment return and our assumed rate of return over the 10 most recent fiscal years, as well as our annualized rolling rate of return. This report is updated annually.
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We also provide the PRB with our Investment Policy and Annual Comprehensive Financial Report.