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Archive for January 19th, 2017

Dallas Public Employee Pension Wrecks City Credit

Thursday January 19th, 2017   •   Posted by Craig Eyermann at 6:18am PST   •   0 Comments

Last December, the mayor and city council of Dallas, Texas, acted to stop a run on the city’s pension program for police officers and fire fighters, as it became increasingly clear that the fund was rapidly becoming insolvent. Last week, the city’s elected leaders made their termination of the lump sum withdrawals that retired…
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