Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
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|Litigious Houston Police Pension Board Helped To Create the Mess|
July 8, 2004
Excerpt: Mayor Bill White's administration, the Houston Police Officers' Pension System and city taxpayers have a serious problem: The pension system's future liabilities exceed its projected income and contributions by $800 million. Unfortunately for the city and the public, the pension system board has filed a lawsuit to make city taxpayers pay the system $53 million this fiscal year.
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