Despite political rumblings that Texas should move away from public pensions, some key Republican House members say the statewide pension funds for teachers and state workers should not be overhauled.
Several members of the House Pensions, Investments and Financial Services Committee, which has been tasked with looking into the sustainability of the multitude of pension funds that serve public workers in Texas, have said the guaranteed pension benefits serve both the employees and taxpayers well.
Source: Statesman.com. Read full article. (link)