Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos
Secondary Department: N/A
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Regular RCA
Type of Request: Financial Authorization
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
title
Request for approval for Harris County to contribute to the Texas County & District Retirement System (TCDRS) at the required employer rate for calendar year 2027.
end
Background and Discussion:
Each year, TCDRS actuarially determines a required rate that Harris County must contribute to fund employee pension benefits and pay off its unfunded liability over a fixed amortization period. Harris County also has the option to elect a higher contribution rate. The 2027 required employer contribution rate of 14.32% was incorporated into the FY27 budget adopted by Commissioners Court on September 17, 2026, and this item formally approves the required rate as mandated by TCDRS.
Once approved, the Office of Management and Budget will submit any documentation requested by TCDRS and coordinate with the County Judge on any necessary certifications that require a signature.
Expected Impact:
Contributing at the required rate has no impact on employee or retiree pension benefits. By contributing at the required rate, Harris County continues to responsibly fund its pension plan and pay off its unfunded liability. The funded ratio of the plan was 90.1% as of December 31, 2025.
Alternative Options: N/A
County Strategic Plan Goal: N/A
County Strategic Plan Objective: N/A
Justice/Safety Initiativ...
Click here for full text