Texas Employees raises target for infrastructure investment this year Texas Employees raises target for infrastructure investment this year Getty Images Texas Employees Retirement System, Austin, increased its private infrastructure annual tactical plan for fiscal year 2021 to a total commitment amount of $475 million. The $32 billion pension fund's new tactical plan, which has an upper range of $617.5 million, was approved at its board meeting Wednesday, said spokeswoman Mary Jane Wardlow in an email. The prior target for the fiscal year ending Aug. 31 was $400 million. Investment staff recommended increasing the current fiscal year's target for the pension fund's $1.2 billion private infrastructure program due to changes in the market since the plan was originally approved before the beginning of the current fiscal year.