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Texas Municipal Retirement System
The Texas Municipal Retirement System (TMRS) is a statewide retirement system that provides retirement, disability, and death benefits for employees of participating Texas municipalities. TMRS was established in 1947 by Texas state law and is administered in accordance with the Texas Municipal Retirement System Act (Texas Government Code, Title 8, Subtitle G). Although established under state law, TMRS receives no state funding. The System offers a choice of benefits so that each participating city can design a plan to suit its needs and budget. Each city's plan is funded independently by that city. Retirement benefits for employees of participating cities are paid from the employees’ contributions, city contributions, and the System's investment income. Distinguishing Features of the System TMRS administers a program for almost 1,000 Texas cities, providing retirement, disability, and survivor benefits to active and retired municipal employees of participating Texas cities. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas
Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by both List of U.S. states and territories by area, area (after Alaska) and List of U.S. states and territories by population, population (after California). Texas shares borders with the states of Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and the Mexico, Mexican States of Mexico, states of Chihuahua (state), Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest; and has a coastline with the Gulf of Mexico to the southeast. Houston is the List of cities in Texas by population, most populous city in Texas and the List of United States cities by population, fourth-largest in the U.S., while San Antonio is the second most pop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Municipalities
A municipality is usually a single administrative division having corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate. The term ''municipality'' may also mean the governing body of a given municipality. A municipality is a general-purpose administrative subdivision, as opposed to a special-purpose district. The term is derived from French and Latin . The English word ''municipality'' derives from the Latin social contract (derived from a word meaning "duty holders"), referring to the Latin communities that supplied Rome with troops in exchange for their own incorporation into the Roman state (granting Roman citizenship to the inhabitants) while permitting the communities to retain their own local governments (a limited autonomy). A municipality can be any political jurisdiction, from a sovereign state such as the Principality of Monaco, to a small village such as West Hampton Dunes, New York. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law Of Texas
The law of Texas is derived from the ''Constitution of Texas'' and consists of several levels, including constitutional, statutory, and regulatory law, as well as case law and local laws and regulations. Sources The Constitution of Texas is the foremost source of state law. Legislation is enacted by the Texas Legislature, published in the '' General and Special Laws'', and codified in the ''Texas Statutes''. State agencies publish regulations (sometimes called administrative law) in the '' Texas Register'', which are in turn codified in the '' Texas Administrative Code''. The Texas legal system is based on common law, which is interpreted by case law through the decisions of the Supreme Court, the Court of Criminal Appeals, and the Courts of Appeals, which are published in the ''Texas Cases'' and ''South Western Reporter''. Counties and municipal governments may also promulgate local ordinances. Constitution The Constitution of Texas is the foundation of the government of Texa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Texas
The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.0 trillion as of 2021. In 2011, Texas was home to six of the biggest 50 companies, and 51 in total, in the Fortune 500 (the third most after New York and California). As of 2021, Texas grossed more than $300 billion a year in exports—more than the exports of California ($175 billion) and New York ($100 billion) combined. As a sovereign country (2016), Texas would be the 10th largest economy in the world by GDP, ahead of South Korea and Canada and behind Brazil. For 2019 Texas's household income was $67,444 in ranking 26th in the nation. The state debt in 2012 was calculated to be $121.7 billion, or $7,400 per taxpayer. Texas has the second largest population in the country after California. History Historically four major business enterprises shaped the Texas economy prior to World War II: cattle and bison, cotton, timber, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
