Agenda item details

Review, Discussion and Consideration of the CPI-U Adjustment for the Lump Sum Payment Under Tex. Gov’t Code §615.022 for FY 2021– (Action)

Customer Benefits
Name Download Ext. Filesize
Exhibit A – CPI Increase for 2019 Calendar Year pdf 427 kB
SLIDES_25 CPI U adjustments for Chapter 615 pdf 138 kB
Move that the Board of Trustees of the Employees Retirement System of Texas approve an adjustment to the lump sum payment to survivors under Texas Government Code § 615.022 beginning September 1, 2020 through August 31, 2021 to $511,500. This adjustment is reflective of the percentage change in the Consumer Price Index for All Urban Consumers as reported by the system’s actuary.
Agenda item