El Paso could alter its annual contributions to the city’s public safety pension plan without seeking voter approval under a bill filed last week with the Texas House Pensions Committee by Rep. Joe Pickett, D-El Paso.

HB 2136, which applies only to El Paso, would allow the city to adjust its contributions every year with council approval, Pickett said. An identical bill has been filed in the Texas Senate by Sen. José Rodríguez, D-El Paso.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.