In general, Texans aren’t saving enough and they are relying too much on hopes for Social Security funds. And many people are coming to the realization that 401(k) plans aren’t working as well as they’ve been promised in terms of providing the funds necessary to retire in your 50s or 60s.

At the same time, there’s a movement to dismantle the one type of pension plan that has been proven to work for employees in both the private and public sectors: defined benefit plans.

TSR is dedicated to the defense of defined benefit plans against those who seem to think that every Texan is capable of being an investment manager who can eke out gains in the stock and bond markets.