TPPF Calls for Local Pension Control. 4 Key Points.

What does TPPF say supports local pension control?

• The Pension Review Board report offers data that shows the high pension liabilities for pensions over which the state can exercize control
  • Since 2015, pension debt has grown by $1.2Billion
• the people directly affected by the pensions are the ones who should have a say
• “Restoring local control is the surest way to bring some short-term sensibility back to Texas’ big city pension plans”
• Its a common sense solution

Quintero: Lack of local control to blame for pension woes? via Statesman