The Deferred Retirement Option Plan (DROP) interest rate for calendar year 2012 will be 7.5%, effective January 1, 2012. The rate was approved by the HMEPS Board of Trustees at the October 2011 Board meeting. Click here for more information.
HMEPS Investment Update
To view the latest information pertaining to HMEPS investments, please click here.
HMEPS and City of Houston Finalize Funding Agreement - June 29, 2011
Today, the Houston City Council approved the Amended and Restated Meet and Confer Agreement (Agreement) that was negotiated between the Houston Municipal Employees Pension System and the Mayor’s office. For more information, click here.