Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Nova 401(k) Associates
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|Houston Police Pension System Sues City; Mayor Calls Action Frivolous|
July 1, 2004
Excerpt: In a move described as blackmail by Mayor Bill White, Houston's police pension system sued the city Wednesday, saying the pension is underfunded by $40 million this year.... White's administration has been negotiating with the city's police and municipal pension systems to try to reduce generous pension benefits that the city had granted in recent years.
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