TexPERS Counters TPPF on Pension Reform

Questioning TPPF’s Math skills, TEXPERS points to the following issues with TPPF’s pension critique:

• Fuzzy math
• Stop lumping all the pensions together in your analysis
  • “80% of the TPPF’s headline number is attributable to four statewide plans with nearly 2.5 million participants. The remaining $11.4 billion gap is spread among roughly 90 local pensions across Texas, and almost half of that amount is due to four pensions in Houston, Dallas and Fort worth, Patterson said in response to the TPPF op-ed.”
• Stop ” robbing dedicated school employees of a benefit they have paid into their entire career”

TEXPERS