I have written numerous times about the ongoing battle between Mayor Parker and the Houston Firefighter’s Relief and Retirement Fund, which is to say the firefighters’ pension fund. After I noted a legal victory by the city in its attempt to get more information from the fund, I was contacted by a representative of the [...]
Posts Tagged ‘Todd Clark’
Here comes the pension fight
Not looking forward to it. A day of reckoning has arrived in Houston, the city’s financial stewards say, to choose between pensions and pothole repairs. Days after voters in two California cities curbed public employee retirement benefits and voters in Wisconsin rejected an effort to recall a governor who required state workers to pay more [...]
City sues firefighter pension board
We knew this was coming. The city of Houston sued the firefighters pension board in state District Court on Wednesday in an effort to pry open the retirement system’s books for a look at supporting data behind the $61 million annual bill it sends to City Hall. “We need access to this very basic information [...]
If you can’t specify it, it’s not wasteful
After reading this op-ed by Todd Clark, the chair of the Houston Firefighters’ Relief and Retirement Fund (that is, their pension fund), I have decided to adopt two rules for all future discussion of the city’s budget. Let me speak briefly about the city’s Long Range Financial Management Task Force. This advisory committee could have [...]