The Fort Worth Deferred Compensation Plan Oversight Committee was unable to conduct official business on June 12 after failing to reach a quorum, but the three members present received updates on the city’s supplemental retirement savings plan and its first-quarter investment performance.
Because too few committee members attended, the meeting was treated as a work session rather than a formal meeting. As a result, the committee did not call the meeting to order, approve minutes, take action on agenda items or receive scheduled fiduciary training. Instead, attendees heard informational presentations from representatives of plan administrator TIAA and an investment adviser from Mariner Institutional LLC.
Courtney Petkovich, TIAA senior manager and communications consultant, reported that assets in the city’s 457(b) deferred compensation plan reached about $441 million during the first quarter of 2026, a 15% increase from a year earlier…