Showing posts with label Public Employees. Show all posts
Showing posts with label Public Employees. Show all posts

Thursday, August 27, 2020

ABC 13 reporter on way to Texas/Louisiana state line witnesses hundreds of first responders headed to hurricane disaster area to help

TV news reporter sees at least 100 first responders from across Texas heading to the Texas/Louisiana state line to help after Hurricane Laura passed through the area.

Click to watch video on Facebook.

Public employees like these are often the first at disaster sites helping to save lives and property. They're keeping communities safe and running during this disaster while also dealing with a pandemic. 

They earn every penny of their promised retirement benefits. Ask your local and state government officials to protect pension benefits.

To learn more about the importance of public pensions, visit our website.


Tuesday, August 11, 2020

These public employees went the extra mile to serve their communities


By TEXPERS STAFF

Each month, TEXPERS searches the internet for stories of Texas public employees going the extra mile to help their communities.

Check out what we found this month:

Deputy steps up to help senior citizen who hadn’t eaten in days

Harris County Precinct 4 Constable’s Office Deputy Leonard Galvan bought groceries for a 90-year-old woman who had not eaten in days.

ABC13 – Houston reported on July 31 that the elderly woman’s family contacted the precinct requesting a welfare check. Galvan responded to the woman’s home where he learned that the resident did not have any money to buy food. The deputy went to a store and bought the woman food and household products. 



Firefighters spend time with animal shelter dogs looking for new homes

On July 18, three members of the Waco Fire Department’s Station 8 crew spent some time with a couple of animals up for adoption at the Humane Society of Central Texas.

Devon McPherson, Matt Weise and Travis Brown met two shelter canines named Lewis and Clark. According to a Facebook post by the animal shelter, the firefighters spent some time petting and playing with the pit mixes during the “meet and greet.” Click the link to see photos of the firefighters with the dogs. The animal shelter used the photos from the animal “meet and greet” to spotlight the dogs for adoption.



Curbside Larry pitches social distancing service for library system

Harris County Library system's Barbara Bush Branch Library recruits "pitchman" to promote the location's curbside pickup services.

A video posted to the Harris County Public Library system’s Twitter page features Curbside Larry peddling books like a late night TV low-budget ad pitchman offering "crazy" deals on electronics. The character, wearing a cowboy hat and aviator glasses, touts the library’s features saying it has “shelves and shelves of books, Blu-rays and DVDS” for “free, free, free.”

“Best sellers … we got’em,” Curbside Larry shouts as he catches a book tossed to him from some unseen person off camera. The library’s phone number flashes on the screen. That’s just one scene from the video you can see in the link above or by clicking the image below.

Curbside Larry is played by Barbara Bush Branch Library employee John Schaffer. Texas Monthly reported on the video, which debuted in July, saying “Curbside Larry is the hero we need in these times.” 



Tell us About Public Employees You Know

Do you know of a public employees that has gone above and beyond their duties in contributing to their local communities? Let us know about them in the comments section below.

Essential Roles in Our Communities

Public employees fill an essential role in our Texas communities. Law enforcement and firefighters protect lives and property. Municipal workers repair our streets, maintain parks, assist library patrons, and ensure that our water is safe to drink. Educators help our children grow into adulthood.

Those are just a few examples of the critical jobs public employees do for us. Some jobs are dangerous. Others receive little thanks. Many involve backbreaking work. But most are done with a dedication to the greater good that's often unmatched in the private sector.

Many public employees, like the ones we've highlighted this month, often go the extra mile to contribute to their communities. TEXPERS urges you to go the extra mile in return and ask your local and state governments to ensure public employees receive their promised benefits.

To learn more about public pensions, visit our website at www.texpers.org.

Monday, July 27, 2020

NIRS webinar focuses on idiosyncratic risks that drive returns

Photo by bongkarn thanyakij from Pexels


By TEXPERS STAFF

Nuveen, an Associate Member of TEXPERS, is taking part in a webinar with our friends at the National Institute on Retirement Security at 3 p.m. ET on Tuesday, July 28.

The webinar, Factors First: A Risk-based Approach to Harnessing Alternative Sources of Income, focuses on how institutional investors such as pension funds can capitalize on the yield of alternatives by focusing on the idiosyncratic risks that drive returns.

There is no charge to register for the informational webinar.

> REGISTER: Click here to sign up for the free webinar.

NIRS' synopsis of the webinar:

During the webinar, you will hear how investors can stitch together multi-asset portfolios in an efficient and coherent fashion. The session also will cover why a risk factor-based approach works well for alternative asset classes; how to capitalize on the yield and diversification benefits of alternatives; and how institutional investors can leverage the factor-based approach for multi-asset portfolio construction.

Speakers include:

  • Dan Doonan, Executive Director, National Institute on Retirement Security

  • Nathan Shetty, Head of Multi-Asset Portfolio Management, Nuveen

The National Institute on Retirement Security is a nonprofit retirement security research and education organization. To see what other webinars NIRS has to offer, see a list of scheduled sessions and replays of past webinars on the organization's website.


Tuesday, May 26, 2020

Spotlight on Texas Public Employees




By Allen Jones/TEXPERS Communications Manager

Public employees fill an essential role in our Texas communities. Law enforcement and firefighters protect lives and property. Municipal workers repair our streets, maintain parks, assist library patrons, and ensure that our water is safe to drink. Educators help our children grow into adulthood.

 

Those are just a few examples of the critical jobs public employees do for us. Some jobs are dangerous. Others receive little thanks. Many involve backbreaking work. But most are done with a dedication to the greater good that's often unmatched in the private sector.

 

Each month, TEXPERS invites you to check out some stories of Texas public employees helping their communities:


Off-duty Rescue


A Lubbock police officer was returning home from his off-duty security job at his church on May 10 when he noticed smoke and flames were coming from the windows and vents of his neighbor’s home. A witness outside the home told officer J.R. Wood that an elderly woman was inside the house. Even though 911 had already been called, Wood ran inside the home and brought the woman out safely. According to a post describing the incident on the police department’s Facebook page, the officer also helped his neighbor contact family and helped block the road the local fire department worked to put the fire out.




Outstanding Educator

 


Morgan Castillo, a Woodgate Intermediate School teacher in the Midway Independent School District, recently received a Teaching Leadership award during H-E-B's Excellence in Education Awards. The award recognizes teachers with 10 to 20 years experience in the classroom. Castillo was the elementary category winner for North Texas. Grocery chain H-E-B announced Castillo among its 40 recipients from across the state. The finalists were announced in a virtual ceremony on May 6. Castillo is to receive a $10,000 check for her and a $10,000 grant for her school. In April, she also participated in a parade hosted by the school district. She road on top of a car dressed as Ms. Frizzle, a character on "The Magic School Bus," a popular book and TV series. In a Twitter post, she stated that she "can't imagine any other profession I'd rather be in."

 


Drainpipe Puppy


Atascocita firefighters lassoed and rescued a puppy trapped in a sewer pipe on May 1. It took the firefighters an hour to save the puppy that had fallen down an exposed pipe. According to officials, the puppy fell about 7 feet down before stopping in the piping’s curve. The department posted photos of the rescue on its Twitter page.


 

 


About the Author:
 

Wednesday, September 20, 2017

By Allen Jones
TEXPERS, Communications Manager

Getting ready to leave a public sector job for retirement can be a daunting task that usually results in many employees flipping through their plan’s guidebook to find out what forms must be submitted and by when. However, those nearing retirement often have questions beyond what is on the pages of their fund’s Summary Plan Description, and it's prompting some public pension system administrators to develop creative ways to prepare their members for the day they leave the workforce.

Corpus Christi
Each October, the Corpus Christi Firefighters’ Retirement System hosts a pre-retirement seminar for its members. The half-day program is open to all of CCFRS’ active firefighters but focuses on employees who are within five years of retirement.
“We host presenters and speakers to inform our members of what they should be aware of before retiring,” says Gracie Flores, the fund’s administrator. “It’s important that our members are ready for retirement. It is a big transition to move from work to retirement. Our seminars provide them the tools and information they need to make the process as smooth as possible.”
The CCFRS program is an example of what other public pension funds can do to ensure members are ready to enter their golden years. The Corpus Christi fund’s pre-retirement seminar explains the retirement process, lays out the benefits members can expect and addresses post-retirement issues. The workshop outlines the deferred compensation process and even uses role playing to demonstrate what steps members must take before their retirement dates arrive.
“Our Path to Retirement role play is a very popular portion of the seminar,” Flores says. “We have a person taking on the role of a future retiree. I’m there acting as the plan’s administrator, and we have a fire department official. We show our members exactly what they must do to retire, who they must talk to and what the process is like.” 
System members learn about documents they will need to file for retirement benefits, deadlines they will need to meet, eligibility requirements, how to calculate the income they will earn during retirement, and when benefits are likely to start after retirement. Flores also demonstrates the fund’s Internet-based membership portal so members know how to log in, what information they can find there and how the software works.

The program doesn’t only focus on pension forms and retirement filing procedures, however. Other topics include such as estate planning, retiree health insurance plans, and Social Security fundamentals.

During last year’s pre-retirement seminar, Melissa Sirus, a Social Security representative, discussed eligibility. Nearly 30 percent of state and municipal employees are not covered by Social Security, according to the National Institute on Retirement Security. Not everyone understands that, Flores says.

Flores tries to offer different topics each year and recruits professionals from the Corpus Christi community to speak to the seminar’s attendees.
“To reduce our liability, I only get speakers who have a relationship with the retirement system,” she says. “For example, CCFRS’ attorney presents the estate planning information.”
To promote the program, Flores sends flyers to system members who are within five years of retirement. She also emails the system’s membership to announce the seminar and promotes the program through board agendas and minutes, which are mailed directly to each fire station within Corpus Christi.

The number of attendees fluctuates each year. Her largest attendance was about 60 people, and she has had as few as 25 people show up. She also arranges to serve lunch to the attendees.

Elvin Bates, a captain with the Corpus Christi Fire Department, is nearing retirement. He has spent more than 40 years with the department and is currently a fire inspector with the department’s fire prevention division. He is a regular attendee of his fund’s annual pre-retirement seminar.
“It’s a fantastic program,” Bates says. “I learn a lot each year.”
He says the program has helped him better understand what steps he must take to leave the fire department with his proper benefits and has provided him insight into other aspects of retirement he might not have considered.
“Getting ready for retirement can be stressful,” Bates says. “There are so many things you have to be aware of. I think all plans should have some program to help retirees prepare for retirement. Gracie [Flores] has done a wonderful job with the seminar.”
Flores says her program has gotten the attention of a few other fund executive directors who have sent representatives to sit in on her CCFRS' pre-retirement seminars to bring back ideas to their own systems. She modeled CCFRS’ program off of a similar program hosted by the San Antonio Fire and Police Pension Fund, which hosts a full-day pre-retirement seminar for its members twice a year.
“Ours, of course, is on a smaller scale due to our member size and resources,” she says.
San Antonio
The San Antonio fund’s program attracts 60 to 80 people each time, says Warren Schott, the system’s executive director.
“If we had more demand, we would hold them more often,” he says. “But currently, twice a year seems to be working fine.”
The seminar is used to get members prepared for retirement and does not focus on pension issues. The program usually focuses on 10 issues that are important for public employees to consider before retiring. During the fund’s May seminar, attendees learned about common tax issues retirees face, legal planning, financial planning, health and wellness, and psychological matters. Individuals outside of the system usually conduct the sessions so a lot of staff time isn’t consumed. Doctors hosted the health and psychological sessions.
“Soon-to-be retirees – regardless whether they are from a small or large fund – need to begin thinking about the numerous issues they will face in retirement,” Schott says. “No one else prepares them for this, so it seems logical that the pension fund would provide it.”
The San Antonio system encourages active members who have been on the job at least 20 years to begin attending the seminars. Schott says those within one year of retirement are invited to participate again.
Schott suggests executive directors sit in on his seminars and “steal” ideas to conduct their own pre-retirement workshops for their members.

Houston
The Houston Police Officers’ Pension System doesn’t host a pre-retirement seminar like San Antonio and Corpus Christi. However, the fund hosts an annual conference for its members already in retirement. 

The fund’s retirement program began about 20 years ago. The system’s executive director, John Lawson, says 500 to 600 people attend the program, which runs a full day. He says because people are often busy and don’t have time to read and research the retirement topics on their own, it is important that pension systems work to educate their members after retirement.

Topics include many of those included in the Corpus Christi and San Antonio programs. During this year’s Houston retirement conference, a recap of what bills passed and what didn’t during a recent state legislative session will be discussed. Lawson says he also often invites the mayor of Houston to speak during the assembly and provides attendees with a lunch - two things smaller systems may be able to replicate for their own pre- or post-retirement programs.

Allen Jones
About the Author:
Allen Jones is the communications manager for the Texas Association of Public Employee Retirement Systems. Email him at allen@texpers.org or call 713-622-8018.