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Dallas city officials have known for years the public safety pension has had major shortfalls. Now they have to figure out how to start building the fund back.
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Many American families are staring down retirement with hardly any money set aside.In fact, sociology professor and author Katherine S. Newman says about…
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After years of work to solve its pension problems, Fort Worth will make changes to shore up the Fort Worth Employees Retirement Fund. City workers, voting…
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The Fort Worth City Council voted Tuesday night to approve changes to shore up its ailing employee retirement fund. The pension plan for police,…
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Fort Worth is scrambling to find a fix to shore up its pension fund, which will go bankrupt within 30 years if nothing is done, according to city…
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While Dallas and Houston have been wrestling with very public battles over their pensions for city employees, Fort Worth has been nursing a pension crisis…
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After months of negotiations, a deal has been reached on fixing the troubled Dallas Police and Fire Pension Fund.State Senator Royce West addressed…
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The bruising battles over legislative fixes to failing pension systems in Dallas and Houston could eventually evolve into a statewide war over the kind of…
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The Texas Legislature doesn’t send any state funds to the beleaguered Dallas or Houston pension systems. But legislators nonetheless find themselves…
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Pension leaders and elected officials in Dallas and Houston had one job: Get all parties from each city on the same page about how to shore up…
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Credit rating agency Moody's has once again downgraded the city of Dallas bond rating. It means the city will pay more interest on new debt. The agency…
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The state’s largest cities face tens of billions of dollars in unfunded liabilities to employee pension funds, a series of separate financial situations…