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 [email protected] 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.