Cash Payments To Dallas Police & Fire Pension Fund Executives Praised, CriticizedSome Dallas Council members are criticizing a vote Thursday by the Police and Fire Pension Fund board to give more than $800,000 in lump sum payments to the fund's top three executives.
Details Emerge In Conceptual Agreement On Police & Fire Pension FundDallas Mayor Mike Rawlings and council members said Wednesday they're hopeful about a conceptual agreement reached with the majority of police and fire associations over how to keep their troubled pension fund from going broke.
Dallas Police And Fire Pension Board Chooses Plan To Save FundThis morning the Dallas Police and Fire Pension Board voted unanimously to back a state lawmaker's plan to fix the money-troubled fund instead of a plan advocated by the Dallas Mayor.
New Warning About Troubled Dallas Police & Fire Pension FundThe Police and Fire Pension Fund could run out of money in five to seven years, not ten years as first projected.
Dallas Police & Fire Pension Board Deciding On Account ChangesAfter a closed-door session, members of the Dallas Police and Fire Pension Board are holding a public meeting, where hundreds of people who will be affected are watching trustees weigh in on their future retirement.
Dallas Police & Fire Pension Board Ends DROP PaymentsAt a regularly scheduled meeting of the Dallas Police and Fire Pension System Board today the board voted to cease the pension Deferred Retirement Option Program (DROP).
Ruling Expected In Lawsuit Challenging Dallas Pension VoteOfficials at the Dallas Police and Fire Pension system say the ailing fund is losing $3.3 million in savings from proposed plan amendments every month a vote on those changes is delayed.
Dallas Police And Fire Pension In Crisis, Retirees ConcernedStill recovering from the July sniper attack that left five police officers dead, the Dallas Police Department is facing a new crisis as its pension fund approaches insolvency and scores of officers announce unexpected retirements.
Dallas Police-Fire Pension Problems May Push Back 2017 BondDue to risky investments that went bad, Rawlings said the police and fire pension fund is nearly $1 billion in the hole and could go broke in next 15 years.