Dallas Police and Fire Pension Fund

A discussion over the Dallas Police and Fire Pension System's investments turned into a call for more oversight. Its executives said continuous review wasn't necessary.

The Dallas public safety pension system executives say they want more clarity over who gets the final say in a plan to remedy billions in unfunded liabilities.

Bad investments saddled the City Dallas of with billions in unfunded public safety pension liability. An investment firm says different investment choices could help it.

Dallas' CFO says the reduction could help improve the city's underfunded safety pension system.

Dallas public safety pension officials argued in a letter that they don’t need city approval for a plan to fix billions in unfunded liabilities. City officials disagree.

The Dallas Police and Fire Pension Fund's unfunded liabilities have increased $160 million. That brings the total to $3.2 billion.

Some Dallas city council members want to know why about 25% of the Dallas Police and Fire Pension System's funds are in private equity investments.

Dallas city staff says the city needs to increase annual contributions, monetize city assets and keep employee benefits flat to meet a state-required funding deadline.

Pension officials recommend funding over $3 billion in unfunded liabilities with city assets. And they say city officials shouldn't increase employee benefits — yet.

Dallas City Council members looked at three plans to fix the underfunded police and fire pension system. One plan could fund a cost of living increase before 2047.

Dallas officials say staff and pension executives have known for years about billions in unfunded liabilities. And, they want a plan a year before the state's deadline.

Retirement, death and disability benefits to police and fire rescue employees won’t be fully funded for another 68 years if nothing changes.