Houston Firefighters Pension again Ranks In Top 10 Nationwide in Private Equity
The Houston Firefighters’ Relief and Retirement
Fund (HFRRF) for the 4th year in a row was recognized in the American
Investment Council (AIC, fka Private Equity Growth Capital Council)’s annual ranking of large public pension
funds’ private equity returns. With an annualized net ten-year return of 14.7%,
HFRRF’s private equity portfolio was ranked in 5th place nationally. The study’s
results revealed which of the 155
public pension funds included in the study,
generated the highest rate of return from their private equity portfolios and
which ones invested the most in private equity. Click here for Press Release.
PRESS RELEASE Pension Reform Proposal Terms and Conditions Oct 24 2016
After multiple discussion
sessions and communications between a Houston
Firefighters’ Relief and Retirement Fund team and
Mayor Sylvester Turner and his team, the Fund has agreed to move forward on
working on the specifics of pension reform legislation with the City of
Houston. Click here to read the release.
Proposed Benefit Revisions Houston Firefighters' Relief and Retirement Fund Tx' 85 Legislature (The deal)
Your trustees have met with city representatives, legislative
representatives, legal representatives, actuaries, and a host of other key
players to develop recommendations minimizing the impact to any particular
class of employees and retirees. We also felt it important to share the topics
being discussed, understanding that rumors will soon overshadow reality.
The following topics are under consideration, and we are asking our actuary
to determine the economic impact of them. These are POSSIBLE changes at
this point and do NOT reflect any final agreement with or promise to the
City. Click here.
Discussions on Plan Update Communication to Membership from Chair
As you know, over the past many months, a team of Trustees from your Board have been meeting with Mayor Turner and/or his staff at the Mayor’s request to attempt to reach an agreement on adjustments to the HFRRF plan. Although we have worked diligently on your behalf, we have not reached an agreement at this time. Click here to read the release.
City of Houston Loses on Appeal in Denied Bid to Have Its Firefighters’ Pension Statute Declared Unconstitutional
The Houston Firefighters’ Relief and Retirement Fund (“the Fund”) won another
major victory in defense of a City of Houston lawsuit. The Texas Fourteenth Court of Appeals rejected
the City’s petition to have the statute governing the firefighters’ pension
declared unconstitutional. Click Here to read the release.
Press Release Keller Elected to Chair Houston Firefighters' Relief and Retirement Fund
Firefighters’ Relief and Retirement Fund Board of Trustees Elect New Chair, Vice
Chair and Approve Schedule for Special Election to Complete Unexpired
Term for Trustee Position I - Click Here to view the Press Release
Presentation: Pensions Are Good For Business
Presentation: Retirement Crisis: Defending Defined-Benefit
Trustees Re-Elect Todd E. Clark
Trustees re-elect Todd E. Clark as Chairman of the Houston Firefighters' Relief and Retirement Fund Board of Trustees for calendar year 2015. Click here for press release.
Brady Press Release
Congressman Kevin Brady, District 8 (R- The Woodlands) will hold a press
release on the introduction of H.R.
5697, a bill to repeal the Windfall
Elimination Provision at the Houston Firefighters’ Relief and Retirement Fund
on Monday, December 15, 2014 at 10:00 am.
Click Here for the press release
Houston Fire Department donate helmets used for the annual memorial ceremony to the Houston Firefighters’ Relief and Retirement Fund
Stop by the pension office to view the display, a fitting testament to these brave men and women we have lost but that we will never forget. We have added a kiosk affixed with a tablet where visitors can view the electronic pictures highlighting the history of the Houston Fire Department