AGENDA OF THE HOUSTON MUNICIPAL EMPLOYEES PENSION SYSTEM
The next Board meeting will be Thursday, April 23, 2026. Click to view the Special Called Meeting agenda. Click to view the Regular Board Meeting agenda.
Read More »2026 Trustee Special Election Update – February 26, 2026
In the HMEPS 2026 Trustee Special Election, ten candidates ran for election for Trustee Position 5, an active employee trustee position. The election closed on February 23, 2026, and no candidate received a majority of votes. Under the rules governing trustee elections for HMEPS, if no candidate receives a majority (over 50%) of the total…
Read More »AGENDA OF THE HOUSTON MUNICIPAL EMPLOYEES PENSION SYSTEM
The next Board meeting will be Thursday, December 18, 2025. Click here to view the agenda
Read More »DROP Interest Rate for Calendar Year 2026
The Deferred Retirement Option Plan (DROP) interest rate for calendar year 2026 will be 6.80%, effective January 1, 2026. The rate was approved by the HMEPS Board of Trustees at the October 2025 Board meeting. The DROP interest rate calculation is set forth in the HMEPS Pension Statute. The DROP interest rate as of January…
Read More »COLA beginning February 1, 2026
The cost of living adjustment (COLA) will be 2.0% beginning February 1, 2026. The COLA calculation is set forth in the HMEPS Pension Statute. The COLA is equal to HMEPS’ five-year investment return, based on a rolling five-year basis and net of investment expenses, minus the assumed rate of return less two percentage points, and…
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