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2 Document(s) [ Subject: Houston Municipal Employees Pension System ]

Committee: House Pensions and Investments
Title: Interim Report
Subjects: Employees Retirement System of Texas | Houston Municipal Employees Pension System | Peace officers | Pension liabilities | Prescription drug costs | Prescription drugs | Public retirement systems | Retire/Rehire | Teacher Retirement System of Texas | Texas Municipal Retirement System |
Library Call Number: L1836.80 P387
Session: 80th R.S. (2007)
Online version: View report [64 pages  File size: 12,741 kb]
Charges: This report should address the charges below.
1. Evaluate the possibility of requiring the state and employee contribution rate to meet the annually required contribution for the statewide retirement funds each biennium in order to prevent unfunded liabilities.
2. Explore options for funding other post-employment benefits, and examine strategies employed by other governmental entities in addressing these obligations.
3. Study the impact of actuaries on public pension plans, and evaluate the need for legislation to ensure appropriate actuarial assumptions, actuarial audits or regulation of actuaries contracting with state pension plans.
4. Analyze the impact of allowing a retiree to return to work in the Texas Municipal Retirement System.
5. Assess the representational proportion of each of the stakeholder groups, eligibility requirements, qualifications, and selection and election procedures of the board of trustees of the retirement systems.
6. Examine eligibility criteria for membership and possible inclusion of additional employees in the Law Enforcement and Custodial Officers Supplemental Retirement Fund (LECOSRF). Evaluate the effect of diversion of funds from the auto registration fee on the unfunded liability of the LECOSRF, and explore the possibility of creating a similar supplemental retirement program as part of the Teacher Retirement System of Texas for those members performing law enforcement duties.
7. Evaluate and make recommendations, if necessary, regarding state contracts with pharmacy benefit managers. Assess the feasibility of combining prescription drug programs of state health insurance programs. All recommendations should take into consideration any budgetary impacts. (Joint Interim Charge with the House Committee on Government Reform.)
8. Examine the operation of the Houston Municipal Employees Pension System, its Board of Trustees and staff. (Joint Interim Charge with the House Committee on Urban Affairs.)
9. Monitor the agencies and programs under the committee's jurisdiction.
Committee: House Urban Affairs
Title: Interim Report
Subjects: Affordable housing | Crime laboratories | Deed restrictions | Housing and Community Affairs, Texas Department of | Houston Municipal Employees Pension System | Houston Police Department | Houston, Texas | Property tax exemptions | Public retirement systems | Senior citizens | Tax appraisals |
Library Call Number: L1836.80 UR1
Session: 80th R.S. (2007)
Online version: View report [37 pages  File size: 3,305 kb]
Charges: This report should address the charges below.
1. Asses the current senior housing market and available options for affordable senior housing.
2. Research and update legislation that permits residential neighborhoods whose deed restrictions have lapsed to reinstate those deed restrictions or create needed deed restrictions through a petition committee by expanding them to more areas.
3. Study and evaluate the levels, methods and alternatives by which the state funds all affordable housing programs, focusing on administrative cost-effectiveness to determine greater returns on investment, savings and efficiency. Examine the current procedures and applications of the annual, integrated Low Income Housing Plan prepared by the Texas Department of Housing and Community Affairs, and prepare recommendations for the development of a comprehensive, long-range, statewide plan or model to address growing need throughout the state.
4. Monitor current methodology involving departmental rules, procedures and policies governing state and federal compliance in the evaluation and ranking of all multifamily affordable housing applications for the allocation of funds during the annual awards cycle.
5. Examine the development and implementation of a physical standards (asset oversight) rating system for multifamily residential rental facilities, to be used by all local and state issuers of tax-exempt bonds and tax credits, to determine eligibility for future financing and for compliance enforcement purposes.
6. Examine the policies and procedures by which local tax appraisers value rent-restricted affordable housing properties, and authorize legislatively established tax exemptions. Evaluate application and interpretation of existing statutes by local appraisal districts to affordable housing properties throughout the life cycle of developments. Make recommendations for statutory changes. (Joint Interim Charge with the House Committee on Local Government Ways and Means.)
7. Examine the operation of the Houston Municipal Employees Pension System, its Board of Trustees and staff. (Joint Interim Charge with the House Committee on Pensions and Investments.)
8. Monitor the report issued by the Independent Investigator for the Houston Police Department Crime Laboratory and Property Room, the independent panel review of certain criminal convictions prompted by the conclusions of this report, and the implementation by the City of Houston of any reforms recommended in this report. Also monitor other urban crime laboratories and their compliance with state laws regulating their functions. (Joint Interim Charge with the House Committee on Law Enforcement.)

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