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County staff recommends keeping TCDRS elected contribution at 17% after 2024 funding gain

5430052 · July 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At the July 15 workshop the county reviewed its Texas County & District Retirement System (TCDRS) plan assessment; staff reported an improving funded ratio for 2021–2024 and recommended maintaining the elected contribution rate at 17% of payroll while the statutory required rate is 14.38%.

Brazos County — At the July 15 Brazos County Commissioners Court budget workshop, county staff reviewed the TCDRS (Texas County & District Retirement System) plan assessment and recommended holding the elected contribution rate at 17% for FY2026.

The presenter summarized multi‑year funding progress: according to the packet material cited during the meeting, the funded ratio rose from about 83% in 2021 to about 85.9% in 2024. Staff said the county—urrently is required to pay 14.38% of payroll under the actuarial/plan requirements and has historically chosen to pay the higher elected rate to accelerate funding.

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