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June 19, 2018      4:24 PM

Fort Worth could be the next city on the hot seat for pension reform at the legislature

Without adjustments to benefits, the pension fund could run out of money within 20 years; the city has been agreeable to increase contributions on its side of the ledger

Fort Worth could be the next city on the hot seat for employee pension problems, a problem the Fort Worth City Council has only begun to address.

The Texas Pension Review Board has begun round-robin sessions with some of the most problematic pension funds in the state at each meeting. The clock is ticking on Cowtown, which is scrambling to address chronic pension shortfalls before legislative action is needed.

“The mayor and council feel very strongly they would like to solve this pension issue locally, as compared to the state level,” said Fort Worth Employee Retirement Fund Executive Director Joelle Mevi. “I believe they are very sincere in that effort.”

By Kimberly Reeves

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