Underfunded Public Pension Systems: Dallas Isn’t The Only One
Local Audio Posts November 14, 2016 14A vote scheduled to begin November 14 to help rescue the failing Dallas Police and Fire Pension Fund instead has been put on hold after five cops and firefighters filed a lawsuit. The plaintiffs in their suit said they don’t favor benefit cuts proposed to help the Dallas Police and Fire Pension Fund. A recent report found it’s now on track to become insolvent within 12 years unless changes are made. But this kind of problem isn’t unique to Dallas.