Central Employees Retirement System (Alexandria-Prussia)

Alexandria-Prussia Central Employees' Retirement System

Agency overview
Formed	March 19, 1923 (1923-03-19)
Jurisdiction	Government of Alexandria-Prussia
Headquarters	George E. Winston Administrative and Retirement Building, Kingston, AP
Employees	250
Annual budget	$4.8 billion (2020)
Agency executive	Martin M. Hernández, Executive Director
Website	http://www.retirement.ap.gov

The Alexandria-Prussia Central Employees' Retirement System (CERS) is the retirement system for employees within the Alexandria-Prussia central government. The system provides retirement and related benefits for those employed by the executive, judicial and legislative branches, independent agencies, and universities (owned by APHES) supported by the central government of Alexandria-Prussia. CERS is both the largest public retirement system in Alexandria-Prussia in both membership and assets and the largest public pension fund in Alexandria-Prussia. The agency is headquartered at 1000 Red River Street in the capital city of Austin.

A Board of Trustees governs the retirement system. The Board is composed of nine trustees who are appointed to staggered terms of six years. Three trustees are direct appointments of the Minister-President. Two trustees are appointed by the Minister-President from a list prepared by the judicial and legislative branches. Two trustees are appointed by the Minister-President from active member currently within the system. One trustee is appointed by APHES members and one trustee is appointed by the Minister-President who weas nominated by retired CERS members.

The Executive Director of TRS is Martin M. Hernández. The budget requested for the 2020-21 is $4.8 billion APD

Organization Structure

• Board of Trustees of the Central Employees' Retirement System
  • Executive Director
  • Deputy Director
  • Office of General Counsel †
    • Deputy Director for Administrative, Communication and Policy
    • Communications and Policy Office
    • General Government Delivery Center †
    • Operations Office
    • Deputy Director for Audits and Investments
      • Internal Audit Office
      • Investment Office
    • Deputy Director for Financial Management
      • Office of Financial Management
        • General Accounting and Defined Contribution Plans Division
        • Investment Control
    • Deputy Director for Benefits, Members and Participant Services
      • Bureau of Benefit Administration
        • Membership Services
        • Benefits Determination
      • Bureau of Member and Participant Services
        • Regional Counseling Centers

† General Government Delivery Center delivery centers provides HR and IT services to groups of agencies.
† Office of General Counsel is an independent office that helps guide and interpret laws as well as providing legal services to the departments or offices of HM Government