Dallas Police and Fire Pension System face funding issues

Name: Dallas Police and Fire Pension System face funding issues
Uploaded: 2023-11-10T06:52:00-0600
Duration: 1 min 8 s
Description: For years, the Dallas Police and Fire Pension System has been facing a massive shortfall. In fact, currently it's only 41% funded and they have a liability of over $5 billion, of which $3 billion is unfunded. And the city's pension committee is continuing to review the system and recommend steps to address the unfunded portion.

For years, the Dallas Police and Fire Pension System has been facing a massive shortfall. In fact, currently it's only 41% funded and they have a liability of over $5 billion, of which $3 billion is unfunded. And the city's pension committee is continuing to review the system and recommend steps to address the unfunded portion.