HOUSTON, Texas (KTRK) -- A ticket to early retirement is landing some people in debt after they report not receiving their pension payments from the city.

The City of Houston offered about 3,000 employees a retirement buyout package, which they said was to address the city's $330 million projected budget shortfall.

The city confirmed that about 1,000 people took the deal in April. Now, months later, some retirees told ABC13 that they haven't received a dime.

Retirees say they were told it would take 30 to 60 days to get their money, but it hasn't been the case.

"I strongly regret retiring. I strongly regret it, and I'm sorry, I'm getting ready to cry. I don't want to, but it's a lot. It's a lot. It's a lot. I need help. I need my money," retired City of Houston employee, Kathy Caldwel

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