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3/8/2004:
A Voice of Reason in Houston Pension Plan Underfunding Issue
(Houston Chronicle)
Excerpt: It could have been worse. Houston's elected officials could have doubled their pensions just like the department directors'. That was the city pension board's original proposal in 1998, when it prepared legislation authorizing 'Plan C,' which counts each year of city employment as two in calculating the benefits of about 16 high-level city officials.
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