Tag: Deferred Retirement Option Program (DROP

Firefighters and police officers extinguish a vehicle fire in the middle of the day

Dallas Police and Fire Pension Saga Is a Cautionary Tale for Others

MarketWatch Blog by Alicia H. Munnell

January 25, 2017

To avoid Dallas’ plight, pension boards should monitor their plans for aberrant behavior. I started to follow the situation in Dallas because the press had begun characterizing the crisis facing the Dallas Police & Fire Pension System as the tip of the iceberg of state and local plans. My view is that it is a…

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