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| How to Fix Funding Mess for Houston City Pension Houston City Controller Annise D. Parker in the Houston Chronicle  [Opinion] May 10, 2004 Excerpt: What do we need to do? Bring the following to the negotiating table ... Add an independent voice to the pension board.... Restore Houston City Council's appointments to the pension board.... Change the amortization period.... Tie annual cost-of-living adjustments to inflation ... Adjust the rate of accrual on deferred retirement accounts to reflect market conditions.... [discuss raising] employee payroll contributions [and other proposals]. |
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