General Info

Texas Municipal Retirement System was established in 1948 and is administered in accordance with the Texas Municipal Retirement System Act. Each participating TMRS city in Texas has its own retirement plan within the general framework of the act. The mission of TMRS is to provide a secure retirement benefit plan for participants. TMRS investments are managed to assure the matching of long-term assets to future benefits in an equitable manner. At the end of December 2004, TMRS investments totaled $11.9 billion. Its portfolio is comprised of U.S. treasuries, U.S. government agencies, corporate bonds, state/local government bonds, common stocks and cash and short-term investments.