Public Pensions


Public Pensions

The City of Helotes participates as one of 860 plans, in the nontraditional, joint-contributory, hybrid-defined benefit benefit pension plan administered by the Texas Municipal Retirement System (TMRS). TMRS is an agency created by the State of Texas and administered in accordance with the TMRS Act, Subtitle G, Title 8, Texas Government Code (the TMRS Act) as an agent multiple-employer retirement system for municipal employees in Texas.

TMRS Independence Auditor’s Report

The TMRS Act places the general administration and management of the system with an six member board of trustees. Although, the Texas Governor, with the advice from the Senate, appoints the Board, TMRS is not fiscally dependence on the State of Texas. TMRS issues a publicly available comprehensive annual financial report (CAFR) that can be obtained at TMRS.com.

Click here to access the Texas Comptroller’s Public Pension Search Tool.

TMRS Overview

Employee Deposit RateMunicipal Matching RationUpdated Service Credit Rate / YearAnnuity Increase Rate / YearMilitary Service Credit
7%2-1100% / 201370% / 20133-1
VestingRetirement EligibilityPrior Service CreditSupp. Death BenefitsContributing Members
5 Years5 Years Age 60
20 Years Any Age
3-1Employees & Retirees63

Pension Plan Audits

The most recent audits for the City’s pension plan are listed below, including statements of fiduciary net positon and changes in fiduciary net position.

Finance


Taby Durr
Finance Director

Phone: 210-695-5915
Fax: 210-695-2123

12951 Bandera Road
Helotes, TX 78023

Email Finance