AUSTIN – Texas Public Policy Foundation’s Center for Local Governance Director James Quintero testified today before the House Committee on Pensions meeting at the Houston City Council Chamber.
 
            “Public employees deserve a fair and secure retirement, but the current system promises workers anything but,” said Quintero. “Texas’ defined benefit pension systems have racked up more than $60 billion in unfunded liabilities. It’s critical that state lawmakers move to stop this pension debt from getting even further out-of-hand and allow employees to participate in a system that can live up to the promises that it makes.”

To schedule an interview with Mr. Quintero, please contact Caroline Espinosa at cespinosa@texaspolicy.com or 512-472-2700.

James Quintero is director of the Center for Local Governance at the Texas Public Policy Foundation.

The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin, Texas.

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