News

Annual Member Statements

February 13, 2019

Annual member statements (non-applicable to retirees) will be mailed to COAERS members in February, March and April this year. Look for new information on your statement! A video is also available on our YouTube Channel to help you understand your statement. Click here to view the video. Also, make sure you click “Subscribe” while you are there, as more videos are coming soon!

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President's Day Office Closure

February 13, 2019

The COAERS office will be closed on Monday, February 18, 2019, for the President's Day Holiday. We will be open again on Tuesday, February 19, 2019.

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Change to Posting of Deaths in Newsletter

November 26, 2018

It is with deepest sympathy that COAERS extends condolences to all members who have lost a loved one. Due to security and privacy concerns, COAERS will no longer publish the names of deceased members in its publications. Instances of identity theft have grown exponentially in recent years, with major breaches at Target, Experian, and more.

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Unafilliated Companies Market to City Employees

July 31, 2018

From time to time, City employees report receiving email from private financial services companies. As a reminder, COAERS is not affiliated with any such company nor is COAERS the source of information used to market to employees.

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2018 Annual Members' Meeting

July 30, 2018

On July 17th, COAERS held its Annual Members’ Meeting, where COAERS’ members received an organizational update. Speakers included COAERS’ Actuary, Mr. Lewis Ward, Chief Investment Officer Mr. David Veal and Executive Director Mr. Christopher Hanson. Attendees included members of the Board of Trustees, active and retired members, and Staff. See below for links to a summary of the meeting, presentation slides, and pension terminology. COAERS would like to thank everyone who came out and participated in the 2018 Annual Members' Meeting.

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Retiree Volunteers Needed for Nominating and Election Committee

May 16, 2018

We are currently searching for retirees to volunteer to serve on the COAERS Nominating and Election Committee, which will oversee this fall's election for Retired Member Place #11 on the COAERS Board of Trustees. The Committee will develop the ballot and certify the results of the election. The Committee will meet once in June and then three or four times in the fall of 2018.

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COAERS Responds to Recent Report

May 02, 2018

The Texas Public Policy Foundation and the Reason Foundation published a report on the City of Austin Employees’ Retirement System (COAERS) entitled “Evaluating Solutions for Austin’s Billion Dollar Pension Crisis”. After review of the report, COAERS has identified several points discussed in that report which are inaccurate. Read our response here.

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