Fort Worth Workers Approve Pension Fund Fix

Nearly 6,600 city workers will make larger contributions into the fund starting this summer, and will take less generous benefits when they retire.

By Christopher Connelly February 27, 2019 10:00 amBusiness & Your Money, KERA News, Partner Organizations, The Texas Newsroom

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If the compromise had failed, state lawmakers in Austin would have had to step in to fix the fund.

From KERA:

After years of work to solve its pension problems, Fort Worth will make changes to shore up the Fort Worth Employees Retirement Fund. City workers, voting over the past few weeks, gave their approval to a series of changes aimed at keeping the fund solvent.

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