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Open Letter to City Employees & Retirees:  Why You Should be Demanding Defined Contribuion Plans for New EmployeesOpen Letter to City Employees & Retirees:  Why You Should be Demanding Defined Contribuion Plans for New Employees

Open Letter to City Employees & Retirees: Why You Should be Demanding Defined Contribuion Plans for New Employees

December 8, 2016

The City and your pension plans' management are leading you down a path that will seriously impact your pensions for"

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Turner's Pension Plan Will Require 50% of Property Taxes for 30 YearsTurner's Pension Plan Will Require 50% of Property Taxes for 30 Years

Turner's Pension Plan Will Require 50% of Property Taxes for 30 Years

October 26, 2016

Yesterday, the City posted more details about the proposed pension plan. The plan commits the City to pension payments in

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Counsel Should Delay Vote on Pension PlanCounsel Should Delay Vote on Pension Plan

Counsel Should Delay Vote on Pension Plan

October 26, 2016

Turner's Bum's Rush on $20 Billion Pension Deal For the last month Sylvester Turner has been negotiating in secret

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Tips for Straight Party Voting in Harris CountyTips for Straight Party Voting in Harris County

Tips for Straight Party Voting in Harris County

October 24, 2016

Those of you have who were regular readers of my column know that I am not a fan of straight

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The Pension Amortization ScamThe Pension Amortization Scam

The Pension Amortization Scam

September 28, 2016

Fair warning: This post is going to get way off in the weeds of the complex math that defined benefit

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City’s New Pension Plan: The Good, the Bad and the IncredibleCity’s New Pension Plan: The Good, the Bad and the Incredible

City’s New Pension Plan: The Good, the Bad and the Incredible

September 16, 2016

Share this article     Fair warning: This post is going to get way off in the weeds of the complex math that defined benefit pension plans entail. So if you are a mathphobe you may want to skip to the next item in your inbox. Unfortunately, because defined benefit pension plans are such complicated financial arrangements, there

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