Houston firefighters relief and retirement fund

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Houston Firefighters' Relief and Retirement Fund chair retires after 33 years

houston firefighters relief and retirement fund

Houston Task Force Targets Firefighters' Retirement Benefits

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However, a recent report disputes those claims, saying the effects to pension reform may not be nearly as bad as voters are hearing from local officials. The November vote on Houston fire fighter pay parity, if passed, is expected to give employees within the department raises averaging somewhere between 25 and 28 percent. The hearing was called to discuss the financial implications of the November pay parity referendum, but Chairman Dave Martin continued the political theater that has dominated committee hearings under his short-lived chairmanship. Martin played a video, sans sound, of Houston Professional Fire Fighters Association HPFFA President Marty Lancton testifying at a previous meeting saying he would be happy to show up to any future hearing to discuss the pay parity issue and related matters. However, when pressed by colleagues, Martin nimbly dodged questions about whether or not he actually reached out to Lancton to invite him to the September 4 hearing.

Day-to-day operations were largely performed by City of Houston employees until , when the Board of Trustees started hiring its own staff and exerting more autonomy as permitted by statute. The pension fund is a defined benefit plan and is funded through a combination of employee and employer contributions and investment earnings. Firefighters do not participate in the U. Social Security system. The Fund, created by state statute, gives the Board of Trustees responsibility for conducting its business. The member board consists of five firefighters, the city treasurer, the mayor or an appointed representative of the mayor, two citizen members elected by the firefighter trustees, and a retiree who is elected by other retirees. The active firefighter trustees represent various ranks in the Houston Fire Department.

Contact the Houston Firefighters' Relief and Retirement Fund.
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Don't have an account yet? Get the most out of your experience with a personalized all-access pass to everything local on events, music, restaurants, news and more. Mayor Sylvester Turner has pointed to the moment when both chambers of the Texas Legislature approved the city's pension reform plans signed into law yesterday by Governor Greg Abbott as one of the crowning achievements of his administration so far. Houston firefighters, however, see this new legislation differently as a way for the city to underfund their retirement plans. And so as a result, the Houston Firefighters Relief and Retirement Fund sued the City of Houston, the mayor and city council members on Tuesday, claiming that certain provisions of the lauded pension reform plans actually violate the Texas Constitution. The Mayor, however, positioned matters so that the only reform that the legislature could approve was the one designed by the Mayor.

Related Content Houston's pension crisis much worse than previously reported Houston City Council discusses firefighter pensions Houston firefighters pension agreement reached "The most esteemed honor for me has been in serving the membership of the Houston Firefighters' Relief and Retirement Fund since first elected as a trustee Position I on the Board in and elected Chair since January ," Clark said in a statement to fund members. Turner also said negotiations with the fund and the other employee pension boards are progressing. The decision to retire from the Houston Fire Department has arrived with certainty for me after much resolve and consultation with my family, culminating 33 years, and 1 month as a firefighter in the city of Houston Fire Department. As I transition from active member to a retiree, negotiations and discussions about our plan with city leadership will continue to move forward. Upon my departure from the fire department and the board to retire, there still remains a truly dedicated team of pension professional and exceptional men and women elected to the board who I know will continue to fight for you; in spite of increased support of the leading voices in our city that seek to surely affect sweeping pension reform across this state that includes our plan. Son charged with murder in connection with 'honor killings' pleads guilty News. Hurricane Dorian forecast to become Category 4 storm before hitting Florida Hurricane.

Report Claims Houston Pay Parity Would Positively Affect Pension Fund


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1 thoughts on “Houston firefighters relief and retirement fund

  1. HFRRF provides secure retirement pension plans for members through prudent asset management, sound investment practices, and professional delivery of.

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