Item 1A: Update on Teachers Retirement System Relocation — original pdf
Backup
TRS Headquarters A Generational Solution Carolyn Perez Director of Communications Martin Cano Chief Business Administration Officer Kellie Sauls Director of Diversity, Equity and Inclusion January 11, 2022 RMMA Commission WHO WE SERVE • Established by the Texas Legislature in 1937. • We provide retirement and health care benefits to 2M public education employees in Texas. • 6th largest public pension fund in the United States, managing more than $200B dollars on behalf of our members. 2 OUR MEMBERSHIP • In 2020, TRS retirees received a total of $11.6 billion in monthly checks to expend – 94% of which were spent at Texas businesses by those living within the state. • Every $1 in benefits paid by TRS generates $2.38 in economic activity here in Texas. 3 OUR WORKFORCE • Between employees, interns, and contractors, TRS employs approximately 1000 people. • Key business areas include Pension Benefits, Health Insurance Benefits, Investments, IT, Legal, Information Security, Business Administration, Human Resources, Internal Audit, and more. • As TRS membership grows, so does our organization. TRS hires over 100 people annually and is excited to join the employer community here in Mueller. 4 OUR FUTURE HOME 5 OUR FUTURE HOME • PARKING • Ample parking will be provided in two parking garages for employees and visitors. • Some shared parking will be available after hours for Aldrich Street businesses. • SUSTAINABILITY • LEED Silver • Austin Energy Green Building 2 Star Rating 6 RELOCATION TIMELINE Begin construction of Bravo Building; Prepare to move into Alpha. Move rest of the workforce into the Bravo building. WINTER 2022 SPRING 2023 2024 Move certain divisions into Alpha building 7 TRS CULTURE • Top Austin Workplace – 10-time winner • Community • TRS employees are involved in the community • Go Green Committee • State Employee Charitable Campaign • Investment Management Division Ambassadors Mueller Tenets: Sustainability, Revitalization 8 DIVERSITY, EQUITY AND INCLUSION AT TRS • TRS DE&I Vision Statement: All areas of the organization will reflect the diversity of the state of Texas, promoting our culture of inclusion and belonging. All employees across the organization will professionally thrive, grow and achieve a high level of professional satisfaction knowing they have been encouraged and supported in their contribution to the achievement of the organization’s mission. • TRS DE&I Mission: To meet the unique challenges of the 21st century, through a thriving, high performing and diverse workforce by developing a workplace conducive to innovative and enriching ideas, practices and delivery upon the TRS mission. Workforce Impact Culture Mueller Tenets: Diversity, Compatibility, Revitalization 9 HOW TO CONTACT US Carolyn Perez, Communications Director 512-542-6508 MediaRequests@trs.texas.gov trs.texas.gov 10