Texas Pension Review Board

The Texas Pension Review Board (PRB) is a governmental organization headquartered in Austin, Texas. Employing 15 individuals, the PRB focuses on ensuring the financial stability and compliance of Texas's public retirement systems. The PRB's primary responsibility is to oversee the actuarial soundness and legal adherence of both state and local public retirement systems. Their mission centers on providing the State of Texas with comprehensive information and recommendations to guarantee the financial health of these systems, which collectively manage assets exceeding billions of dollars. A key aspect of the PRB's work involves promoting equitable benefits, efficient management practices, and responsible tax expenditures related to employee benefits. Additionally, the organization strives to enhance the understanding of administrators, trustees, and members of Texas public pension funds through education and knowledge sharing. For further information, please visit the PRB's website at prb.state.tx.us.