Off the Kuff Rotating Header Image

Posts Tagged ‘Todd Clark’

Yet another report on pensions

Yippie. Some city leaders have spent years standing in the town square, hollering themselves hoarse that Houston’s financial footing is unstable, that huge pension costs threaten the city’s future ability to police the streets, pick up trash and maintain parks. In recent weeks, they’ve been joined by two others with bullhorns: The Greater Houston Partnership […]

Police officers’ pension fund speaks up

The firefighters’ pension fund is the one that gets all the attention, but it’s not the only one the city is responsible for. The Houston Police Officers Pension System (HPOPS) has sent a letter to the city reminding it that they have a deal that restricts what the city can request from the Legislature. Police […]

Council meeting called to discuss firefighter pension deal

Some Council members are determined to discuss the deal Mayor Parker made with the firefighters’ pension fund. Four City Council members have taken advantage of a rarely used provision in city law to call a special meeting Friday to discuss Mayor Annise Parker’s controversial deal with the city’s firefighter pension board that was announced last […]

The pension deal

Not sure yet how I feel about this. Mayor Annise Parker and Houston’s firefighter pension trustees have reached a deal that would lower the city’s payments for three years, a move that would mark an abrupt reversal for the mayor. The announcement came late Thursday from the fire pension board, whose leaders for years have […]

Appeals court reverses ruling about pension retiree information

So much for that. A state district court’s 2013 ruling that Houston’s fire pension board must turn over detailed information on its retirees to help city officials better project future pension bills has been overturned on appeal. Justices with the 1st Court of Appeals issued the opinion Tuesday, arguing that, in essence, state law protects […]

Firefighter pension board makes an offer to the city

This was unexpected. The trustees of Houston’s firefighter pension, who for years have fought the mere mention of changes to benefits as Houston’s enormous pension burden has continued to grow, now are shopping a compromise proposal. Fire pension leaders say they simply are trying to save the city money as it approaches several years of […]

Parker proposes new firefighter pension plan

We’ll see about this. With the city of Houston facing huge and rising pension costs, Mayor Annise Parker on Thursday unveiled a proposal to put new firefighters in a separate, less generous plan that would do away with expensive automatic cost-of-living adjustments. The move would not affect current firefighters covered by the Houston Firefighters Relief […]

City exploring new pension for new firefighters?

Maybe. Long concerned about the cost of Houston’s pensions and stymied in her attempts at reform, Mayor Annise Parker is considering a dramatic step to place new firefighters into a separate, less generous pension plan, sources with knowledge of the discussions said. Officials acknowledge the existing Houston Firefighters Relief and Retirement Fund likely would sue […]

City reaches contract agreement with firefighters

Give a little, get a little. Houston firefighters would give up some of their ability to schedule time off in return for a pay hike under a tentative new labor contract that city officials hope will enable them to rein in overtime costs that threatened to bust the fire department’s budget this year. The City […]

City sues HFRRF again

From the inbox: In the face of growing concern about its ability to meet long-term retiree pension obligations, the City of Houston filed a lawsuit today against the Houston Firefighters’ Relief and Retirement Fund (HFRRF), one of three pension systems covering City employees. The lawsuit seeks to enable the City to have the same input […]

Interview with Todd Clark and Chris Gonzales of the firefighters’ pension fund

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 […]

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 […]