Pension management and investing have become increasingly complex in recent decades as pensions have moved from stocks and bonds to a wide swath of asset classes. The success of a pension is ultimately based on its returns and risk management. In turn, these depend on the coordinated and well-managed dynamic between the board of trustees and the investment staff. Good governance is critical for pensions to achieve their missions and uphold their fiduciary obligation. Jarvis Hollingsworth and Jase Auby, respectively, the chairman of the board and the chief investment officer of the Teacher Retirement System of Texas, will discuss the interplay that can foster good governance and best practices for pensions across the country.