75 employees reported this benefit
Retirement is deducted out of every check and the state matches it; however, checks are on average $300 less each month.
Employee Retirement System of Texas is great
There is a pension, but it's slated to be out of funds by 2031. So, we're required to contribute almost 10% of our salary into the fund, but the legislature won't use any of the rainy day funds even though a one time deposit would stabilize the pension for those of us who've been contributing for the past 15+ years.
Good retirement plan all around
The retirement plan is good. The problem is no one will tell you about it. You have to educated your self.
have ERS retirement accounts and a 401k
Employee can retire after 10 years
If you plan to work for HHSC (or other state agencies) for the long-term, the retirement benefits might be good for you. Otherwise, they are middle of the road at best...
Retirement is really good but you have to put in a million years for it to benefit you
Mandatory. Expensive for entry level employees