Texas Teacher Retirement System CIO to Retire by 2027

Texas pension fund participants should monitor leadership changes as CIO Jase Auby prepares to step down in January.

Updated on Sept. 22, 2026 in Retirement Planning

Isometric editorial illustration featuring a large stone desert arch, symbolizing institutional stability for a Texas retirement fund. — Jase Auby, the long-time chief investment officer for the Teacher Retirement System of Texas, will retire from his position in January 2027. AI Illustration. Upload story photo >

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Jase Auby, who has overseen investments for the Teacher Retirement System of Texas for seven years, will retire from his role on January 31, 2027. His departure marks the end of a 17-year tenure with the organization.

Why it matters

Changes in pension fund leadership often precede shifts in investment strategy that can affect the long-term stability and funding status of retirement benefits for Texas educators. Understanding this transition is essential for participants tracking the performance and management of their retirement assets.

During his seven-year term as CIO ending in early 2027, the fund achieved a 9.1 percent annualized return. This performance outperformed market benchmarks by 1.3 percent, supported by a strong one-year return of 16.5 percent recorded in the second quarter of 2026.

The players

Jase Auby

The departing Chief Investment Officer who managed the pension fund's investment strategy for seven years.

Teacher Retirement System of Texas

The state pension fund responsible for managing retirement benefits and assets for Texas public education employees.

The details

Jase Auby joined the organization in 2009 and served in roles including deputy CIO and chief risk officer before his appointment to CIO in December 2019. During his leadership, the investment team focused on risk management strategies that contributed to the fund's recent performance metrics. Participants should review future communications from the board regarding the selection process for his replacement.

Jase Auby joined the Teacher Retirement System of Texas in 2009.
He assumed the CIO position in December 2019.
The pension trust recorded a 16.5 percent one-year return in Q2 2026.
Jase Auby will officially retire on January 31, 2027.

Money Landscape

The upcoming transition marks a full cycle of leadership following the 2019 appointment of the current CIO. This change occurs within a multi-year period where the fund reported annualized returns exceeding standard market benchmarks.

Pension participants should monitor official updates to understand how potential shifts in fund management might influence future performance reporting. Consult with a financial professional to discuss how your specific pension benefits interact with your overall retirement income strategy.

The takeaway

Leadership changes at major pension funds serve as a reminder for participants to review their retirement benefit statements and current contribution levels. Ensure your contact information is up to date with the system to receive future notifications regarding board decisions and succession updates.