{"id":219159,"date":"2025-09-11T21:25:10","date_gmt":"2025-09-11T21:25:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/219159\/"},"modified":"2025-09-11T21:25:10","modified_gmt":"2025-09-11T21:25:10","slug":"nearly-300-houston-city-retirees-await-delayed-pension-payments-since-may-report","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/219159\/","title":{"rendered":"Nearly 300 Houston city retirees await delayed pension payments since May: report"},"content":{"rendered":"\n<p>FOX Business\u2019 Gerri Willis reports on an increase in older Americans renting on &#8216;Varney &amp; Co.&#8217;<\/p>\n<p>Nearly 300 retired city employees <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-democrats\" target=\"_blank\" rel=\"noopener nofollow\">in a Democrat-led city<\/a> are reportedly still waiting to receive their pension payments, months after accepting early retirement packages as part of a cost-cutting initiative.<\/p>\n<p>At a city council meeting Wednesday, <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-texas\" target=\"_blank\" rel=\"noopener nofollow\">Houston Mayor John Whitmire<\/a> pushed back against criticism that the Houston Municipal Employees Pension System (HMEPS) failed to issue payments, stressing he has no authority over the fund, according to local news outlet <a href=\"https:\/\/www.khou.com\/article\/news\/local\/houston-pension-board-chair-retirees-payments\/285-af03d6a4-d0ce-4fad-8e7c-dbb5830f8745\" target=\"_blank\" rel=\"nofollow noopener\">KHOU 11 News<\/a>.<\/p>\n<p>&#8220;I have no control over the pension fund,&#8221; Whitmire said. &#8220;We\u2019ve explained that repeatedly, provided the data to our daily paper, but that\u2019s not what they want to write, and neither does one of my critics want to show the facts.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/personal-finance\/americans-face-vastly-different-retirement-costs-across-states-social-security-cuts-loom\" target=\"_blank\" rel=\"noopener nofollow\"><strong>AMERICANS FACE VASTLY DIFFERENT RETIREMENT COSTS ACROSS STATES AS SOCIAL SECURITY CUTS LOOM<\/strong><\/a><\/p>\n<p>     <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/houston-mayor-john-whitmire-speaks.jpg\" alt=\"Houston Hispanic Chamber Of Commerce Annual Luncheon &amp; Business Expo\"\/> <\/p>\n<p>Houston Mayor John Whitmire speaks at the Houston Hispanic Chamber Of Commerce Annual Luncheon &amp; Business Expo at Hilton Americas-Houston April 12, 2024, in Houston, Texas.\u00a0 (Bob Levey\/Getty Images for Houston Hispanic Chamber of Commerce\u00a0 \/ Getty Images)<\/p>\n<p>More than 1,000 city employees accepted early retirement packages in May to help trim city spending. That number far outpaces HMEPS&#8217; usual average of <a href=\"https:\/\/www.foxbusiness.com\/category\/retire\" target=\"_blank\" rel=\"noopener nofollow\">39 retirements<\/a> per month, board Chair Sherry Mose told KHOU 11 News.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/several-state-financial-officers-demand-feds-clearly-regulate-esg-investing-following-lawsuit\" target=\"_blank\" rel=\"noopener nofollow\"><strong>SEVERAL STATE OFFICIALS DEMAND FEDS PROTECT AMERICANS&#8217; RETIREMENT PLANS BY CLEARLY REGULATING ESG INVESTMENTS<\/strong><\/a><\/p>\n<p>Retirees were originally told it would take about 30 to 60 days to receive their pension payments, but that timeline has not been met, according <a href=\"https:\/\/abc13.com\/post\/city-houston-retiree-says-shes-been-waiting-months-early-retirement-money-taking-citys-buyout-deal\/17589497\/\" target=\"_blank\" rel=\"nofollow noopener\">to ABC13<\/a>.<\/p>\n<p>&#8220;I strongly regret retiring,&#8221; Kathy Caldwell, a retired City of Houston employee who has become increasingly anxious amid mounting bills, told ABC13. &#8220;I strongly regret it, and I&#8217;m sorry, I&#8217;m getting ready to cry. I don&#8217;t want to, but it&#8217;s a lot. It&#8217;s a lot. It&#8217;s a lot. I need help. I need my money.&#8221;<\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/houston-aerial-city.jpg\" alt=\"US-ARCHITECTURE-HOUSTON\"\/> <\/p>\n<p>A view of the downtown Houston skyline Sept. 8, 2025.\u00a0 (Ronaldo Schemidt\/AFP via Getty Images \/ Getty Images)<\/p>\n<p>All <a href=\"https:\/\/www.foxbusiness.com\/category\/money\" target=\"_blank\" rel=\"noopener nofollow\">outstanding payments<\/a> are expected to be issued by the end of September, according to Mose. She explained that delays have stemmed from timing issues, as well as errors in the paperwork submitted by some retirees, including missing documents like birth certificates and marriage licenses, KHOU 11 News reported.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/personal-finance\/retirement-planning-differences-between-traditional-roth-ira\" target=\"_blank\" rel=\"noopener nofollow\"><strong>RETIREMENT PLANNING: THE DIFFERENCES BETWEEN A TRADITIONAL AND ROTH IRA<\/strong><\/a><\/p>\n<p>To address the issue, HMEPS has brought <a href=\"https:\/\/www.foxbusiness.com\/category\/jobs\" target=\"_blank\" rel=\"noopener nofollow\">on additional staff<\/a>, and staff has been working overtime, Mose told KHOU 11 News, noting that her office has received more than 13,000 calls regarding the missing payments.<\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/iStock-157586128.jpg\" alt=\"Retiree calculating expenses\"\/> <\/p>\n<p>A close-up of a senior man&#8217;s hand calculating bills at home. (iStock \/ iStock)<\/p>\n<p>&#8220;My board members, everyone\u2019s been working on this. It\u2019s not being placed on the back burner,&#8221; Mose said.<\/p>\n<p>HMEPS is a government-run defined benefit pension plan that offers disability, retirement and survivor benefits to City of Houston employees and HMEPS staff. It serves more than 25,000 people, according to its website.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener nofollow\"><strong>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/strong><\/a><\/p>\n<p>Mayor Whitmire and HMEPS did not immediately respond to FOX Business&#8217; request for comment.<\/p>\n","protected":false},"excerpt":{"rendered":"FOX Business\u2019 Gerri Willis reports on an increase in older Americans renting on &#8216;Varney &amp; Co.&#8217; Nearly 300&hellip;\n","protected":false},"author":3,"featured_media":219160,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[64,255,67,132,68],"class_list":{"0":"post-219159","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-personal-finance","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115187779159834198","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/219159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=219159"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/219159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/219160"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=219159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=219159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=219159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}