Dallas Looks for a Long Term Plan to Fix Its Pensions
Dallas' pensions are underfunded by billions of dollars and the city needs to come up with a plan to fund them by next year to abide by state law.
Source: dallasobserver.com
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Still No Clear Plan for Dallas' Police, Fire Pension Funding Gap
City officials have until Nov. 1, 2024 to submit a plan to the state as to how they will close the $3 billion shortfall and have the system fully funded by 2055, but it remains unclear how officials will do so.
Source: governing.com
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Philadelphia's new mayor will have to handle the city's biggest expense, pension funding, with the threat of recession
The city's largest expense is "locked into" the budget, its leader insists.
Source: inquirer.com