Houston Is Not Detroit – A Tale of Two Cities
n light of the City of Detroit's unfortunate filing for bankruptcy recently, some have asked if such a troubling event could occur with the City of Houston. The answer is almost certainly no. Indeed, a comparison of Detroit and Houston reveals two cities headed in opposite directions. Detroit is, sadly, in decline, while Houston is…
Read More »HMEPS Member Video
HMEPS is proud to present our Member Video, which highlights the fact that retirement pensions are vital earned benefits for our participants, and that those benefit payments also provide a strong boost to the Houston economy and the city's economic recovery. To view the video, click here.
Read More »Visit HMEPS’ New Social Media Pages
As part of our efforts to stay connected with you, HMEPS is pleased to announce we are now on Facebook and Twitter. To visit the new Facebook page, click here. To follow us on Twitter, click here.
Read More »UPDATE 1-24-13 – Congratulations to Our Recently Elected Board Officers
In each odd-numbered year, the HMEPS Board of Trustees elects Board officers to the positions of Chairman, Vice Chairman and Secretary. At the January 24, 2013 meeting, the HMEPS Board unanimously re-elected Sherry Mose as Chairman, Roy W. Sanchez as Vice Chairman, and Lonnie Vara as Secretary. Each Trustee has demonstrated skill and leadership in…
Read More »UPDATE 10-25-12
DROP Interest Rate for Calendar Year 2013 The Deferred Retirement Option Plan (DROP) interest rate for calendar year 2013 will be 2.5%, effective January 1, 2013. The rate was approved by the HMEPS Board of Trustees at the October 2012 Board meeting. Several DROP participants have asked how the DROP rate is determined. Under the…
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