Houston Matters

Dueling Visions On How to Solve Houston’s Pension Problems

Posted on · Houston Mayor Sylvester Turner has thus far insisted that however the city's pension woes are resolved won't include changing from a defined benefits to a defined compensation system. We explore the differences between the two structures. We also consider what each means for city employees and why the mayor and the city's three pension boards […]

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Dueling Visions for Houston’s Pensions: Tuesday’s Show (June 28, 2016)

Posted on · Houston Mayor Sylvester Turner has thus far insisted that however the city's pension woes are resolved won't include changing from a defined benefits to a defined compensation system. On this edition of Houston Matters, we explore the differences between the two structures. We also consider what each means for city employees and why the mayor […]

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Bond Rating Downgrade and Kinky Friedman: Tuesday’s Show (March 22, 2016)

Posted on · Moody’s Investors Service last week (March 16, 2016) downgraded the city of Houston’s bond rating, citing low oil prices, falling sales tax revenues, unfunded pension obligations, and property tax caps among the reasons. On this edition of Houston Matters, we discuss how the city’s rating drop from Aa2 to Aa3 may affect some $3 billion […]