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Houston’s pension reform deal moves through state legislature


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A city of Houston pension reform deal that could eliminate $8.1 billion in unfunded liabilities is matriculating through the state legislature this month. Senate Bill 2190 was advanced by the Senate State Affairs Committee March 27 with a 7-1 vote. SB 2190 will soon be voted on by the entire Texas Senate. A similar bill in the state House of Representatives is still in the Pensions Committee pending a vote over the next two weeks, said Jessica Beemer, North Sector manager for the office of Houston City Council Member Dave Martin.

The post Houston’s pension reform deal moves through state legislature appeared first on Community Impact Newspaper.

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