Tag Archives: pension fund

Houston Loses Battle to Unilaterally Restructure Firefighter Pensions

A Texas appellate court has denied the appeal of the City of Houston in its efforts to unilaterally restructure its firefighter pension system to save money. The city sued the Houston Firefighters' Relief & Retirement Fund in 2014 claiming that pension costs were driving it toward bankruptcy seeking a declaratory judgment that the pension arrangement was unconstitutional.

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