Dallas Police & Fire Pension
Watchdog.org is a great site to read (and subscribe to) for nitty gritty (gritty) fiscal news. Doing a little search, back in 2011, Watchdog ran this headline: Pension reformers warn of looming breaking point, cite governments’ ‘actuarial bullshit’ That was when legislators in tiny Rhode island voted overwhelmingly to remove pension benefits from all its employees…
After a few negative headlines, including a potential FBI inquiry and some trepidation about some serious losses, the Dallas Police and Fire Pension System has created a new position to oversee the $3.1 billion portfolio that funds the retirement income of our city’s first responders. The pension system has brought in Texas Tech University System assistant…