News

The Austin Police Retirement System is pleased to announce the upcoming launch of our new pension administrative software! Click the newsletter link below for more information!

Actuarial reports are fundamental to financial planning and risk management, providing critical insights for decisions involving long-term financial commitments.

It is imperative to ensure that your beneficiary information is up to date. Failure to have a valid APRS beneficiary form on file with the System, and to keep it current, can complicate the management of the final affairs of a deceased officer. 

We are excited to announce the publication of our annual report, which is now available on our website. This comprehensive report offers an in-depth look at our achievements, financial performance, and strategic initiatives over the past year.

Looking to update your knowledge of retirement options? Check out the 2024 Spring Newsletter to refresh on key subjects like Benefits 101: Survivor Options and more!

The Austin Police Retirement System delivered an investment return of 11.50%, net of fees, for calendar year 2023, exceeding the System’s investment return assumption of 7.25%. These gains raised the total assets of the System to over $1.015 billion. The 2023 returns also raised the System’s 5-Year investment return average to 9.40%.

For the first time in APRS history, the Austin Police Retirement System received the Government Finance Officers Association’s (GFOA) Certificate of Achievement for Excellence in Financial Reporting for their 2022 Annual Comprehensive Financial Report!

Account Statements, 1099-Rs, and More!

On January 17, 2024, the Austin Police Retirement System Board of Trustees appointed Michael Burgeson and Shelly Holmstrom to serve as Trustees on the Board of Trustees. 

The Austin Police Retirement System will be hosting a pre-retirement seminar on February 7, 2024. This seminar is designed to provide an overview of the Austin Police Retirement System, the retirement process, and address various other topics as they relate to a member’s retirement.