The Employees Retirement System of Texas (ERS) was created in 1947 to oversee retirement benefits for State of Texas employees.
ERS administers retirement, health, and other insurance benefits, TexFlex, a tax-savings flexible benefit program, and 401(k) and 457 investment accounts as part of the TexaSaver Program. ERS also manages and invests the ERS Trust for the sole benefit of retirement system members.