NEWS ARCHIVES: 2017
News Update – May 8, 2017
Legislative Update on SB 2190 - Houston Pension Reform Bill Today the Texas House of Representatives took up SB 2190, the Houston pension reform bill. SB 2190 was substituted for HB 43 and passed out of the House this afternoon. The bill will now go to a conference committee to reconcile differences between the Senate…
Read More »News Update – May 18, 2017
Legislative Update and Summary of Benefit and Contribution Changes HMEPS is preparing for legislative changes to the pension plan that are expected to go into effect within the next few months. HMEPS has kept you informed both before and throughout the legislative session regarding the proposed benefit and employee contribution changes, which are summarized in…
Read More »News Update – May 2, 2017
Senate passage of SB 2190 The Houston Chronicle reported yesterday’s passage of amended SB 2190 (Houston bill) by the Texas Senate. The bill now moves to the Texas House of Representatives where we will monitor its movement. SB 2190 contains a trigger for potential implementation of a separate cash balance retirement plan for new employees…
Read More »News Update – April 28, 2017
Thank you to the many members who recently contacted Representatives on the House Calendars Committee regarding HB 43. For those of you who made the call or sent an email, we were notified that your voices were clearly heard in Austin. Your quick action and efforts are greatly appreciated! Until further notice, we ask that…
Read More »News Update – March 21, 2017
HMEPS Heads to Austin Yesterday, as part of the Texas Legislature’s 85th Regular Session, the State Affairs Committee of the Texas Senate met to consider Senate Bill 2190, authored by committee chairwoman Joan Huffman (R-Houston), which deals with City of Houston employee pensions and would directly affect HMEPS. As you may know, HMEPS has been…
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