EXTEND AND PRETEND – REDUX?
The proposed “Solution” to repair Houston’s failing pension system includes a plan to issue $1 Billion of Pension Obligation Bonds (POBs).
About Mayor Turner’s pension “fix”
Some observations on the current proposal to solve the City of Houston's employee pension plan debacle
Chicago’s pension experience has lessons for Houston
Mayor Turner started to publically discuss some of his plans to fix Houston’s pension system at the Texas House Pension Committee meeting a few days ago.
The Budget Isn’t Balanced - Yet
What hasn’t been made clear is the fact that the City still has a huge pension obligation hole to fill.