Mayor: Up to 2,200 Layoffs if Houston Pension Reforms Denied

Mayor Sylvester Turner is warning that up to 2,200 city workers would be laid off if Houston's pension-reform measures don't win approval from the Texas Legislature.

Turner was flanked by city leaders Wednesday at a news conference at which he urged state lawmakers to OK the reform plan.

The city is seeking to resolve a 15-year pension funding crisis that's contributed to recent credit downgrades and severe strains on the city budget.

Houston ended 2016 with a deficit for the first time in the history of the nation's fourth-largest city.

Turner attributes the $95 million deficit to the continued growth of the city's pension obligations.

An audit late last year put pension underfunding in Houston at $7.7 billion, nearly double from 2014.

Copyright AP - Associated Press
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