This article appeared online at TheNewAmerican.com on Wednesday, February 22, 2017:
Following the pension plan board meeting on Monday, Presidents’ Day, a decision was made to accept the rough outlines of a proposal by Texas House Pensions Committee Chairman Dan Flynn to keep the Dallas police and firefighters pension plan from going bankrupt. Said city council member Philip Kingston, “Flynn’s [plan] is the best of the bad options.”
Everyone involved will share the pain: some by having their benefits cut back, and some by having the contributions increased.
Under the Summary issued late Monday night: