TCRS
According to the National Association of State Retirement Administrators, Tennessee Consolidated Retirement System (TCRS) administers pension and other benefits for public employees in the state. TCRS maintains the State Employees, Teachers and Higher Education Employees Pension Plan and the Political Subdivisions Pension Plan. During the assessed period total assets corresponding to USD 67.8 billion were reported.
Leading practices
No leading practices identified for the financial institution.
Risks and opportunities
It is recommended that the financial institution discloses that it links performance criteria for remuneration at the senior executive level to specific sustainability targets. It is also recommended that it discloses the breakdown of clients and/or beneficiaries by income group. In addition, the financial institution could provide an example of the specific conclusions reached and actions taken or to be taken on at least one of its salient human rights issues of it’s the products, services and capital it offers as a result of assessment processes in at least one of its activities in the last three years.
Disclaimer
This scorecard refers to information in English which was publicly available by July 15 2024. AuM and Total assets are stated in USD for comparability and have been calculated based on reported local currency values multiplied by applicable IMF currency converter values.
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More about the company
- Headquarters
- United States
- Ownership structure
- Government
- Results 2024
- Total assets: USD 67.8 billion; AuM USD 64.5 billion
- Number of employees
- -
- Website
- http://www.tn.gov/treasury/tcrs/index.html
