Funding fix recommended for Dallas public safety pensions
A city council committee received staff recommendations to fully fund the Police and Fire Pension System within 30 years.
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A city council committee received staff recommendations to fully fund the Police and Fire Pension System within 30 years.
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.
The police and fire pension and the city's civilian employee pension are facing shortfalls that must be addressed by the end of the year. Here's where we stand before a special briefing Friday.
Dallas officials have until November 2024 to adopt rules that meet Texas requirements.
DALLAS – An appeals court has affirmed the trial court's decision that changes made in 2017 to the Dallas Police Retired Officers Association's (DPROA) pension plan did not violate the Texas Constitution.