Kinder Institute for Urban Research2019-03-052019-03-052016Kinder Institute for Urban Research. "The Houston Pension Question: How the City’s Pension Liability Grew and the Options for Reform." (2016) Rice University and Kinder Institute for Urban Research: https://doi.org/10.25611/zpff-v2mo.https://hdl.handle.net/1911/105208Houston today faces an increasing unfunded liability for its employee pensions that totals at least $3.9 billion, as of 2015, up from $212 million in 1992. If no action is taken, that unfunded liability (officially known as the unfunded actuarial accrual liability, or UAAL) is expected to continue growing. However, the city has some options—however painful—that can reduce the unfunded liability and restrain its future growth.engCopyright ©2016 by Rice University Kinder Institute for Urban Research. All rights reserved.ReportKI_2016_pension_reporthttps://doi.org/10.25611/zpff-v2mo