HMEPS is a governmental defined benefit pension plan that provides retirement, disability and survivor benefits for eligible employees of the City of Houston (City) and HMEPS. Created in 1943, HMEPS currently has over 25,000 participants. Our participants include:
• Active members
• Deferred participants
• Eligible survivors
Each of the above is receiving or may be eligible to receive a benefit as provided under the state statute governing HMEPS.
HMEPS is administered by an 11-member Board of Trustees (you can view them by clicking on the link to the left). The Trustees include four elected trustees who are members of HMEPS, two elected trustees who are retirees of HMEPS, a trustee appointed by the elected trustees, the mayor's appointee, the controller's appointee, and two city council appointees.
The employees of HMEPS, headed by the Executive Director, assist the Board of Trustees in administering the pension plan. A listing of the staff may be found by clicking on the link to the left. HMEPS has five general areas of organization: Executive, Legal, Investments, Information Systems and Administration.