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HMEPS
Challenge
As the Baby Boomer population base edges closer and closer to retirement, the role of good pension management is becoming more critical. Houston Municipal Employees Pension System (HMEPS) was faced with an increasing pool of retirees and an outdated way to keep track of them all. There were too many hand-offs of critical data and streamlining their internal operations had become a major priority.
Solution
Through the combined network administration and programming talents of Houston Computer Consulting LLC LLC, HMEPS was able to chart a course toward greater internal data stability and significant efficiency gains. This objective was met through equipment upgrades and the deployment of an internal website consistently tracking and handling pension benefit applications through the various departments.
Benefit
HMEPS has eliminated the need to rekey data thereby significantly reducing data-entry errors and the dependence on excessive cross-checks in their system. This solution illustrates the power of a well-integrated computer application.
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No current news items found for "" as of
2/6/2012 2:46:59 PM
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Mayor pins hopes on pension task force reportHouston ChronicleBy Chris Moran About one out of every 11 dollars in this year's city budget goes to cover pension costs. The $165 million the city plans to send to its three public employee pensions this fiscal year is the consummation of a decades-old contract with ...and more » |
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City budget woes not over yetHouston ChronicleMost of the money Dowe identified is in increased pension costs. In fiscal year 2013 the city will owe its municipal employees' pension fund $10 million more than it does this year. Its annual police pension bill will increase by $27 million. |
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AMR and the return of the bare-knuckled bankruptcyThe Deal PipelineIt emerged on March 31, 2003, with an increased investment offer of $240 million from the Retirement Systems of Alabama, giving it a 37% stake in the reorganized airline. United Air Lines Inc. parent UAL Corp. filed for Chapter 11 on Dec.and more » |
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