Anatomy of Local Pension Deal. WHO WHAT WHERE HOW

WHO & WHERE: City of Ft. Worth, its firefighters & police officers

WHAT: A compromise to resolve its pension fund stability

HOW does the compromise look?

• 4.5% cost to taxpayers
• 2.9% cost on local government employees
• 4 years could bring escalation, if the fund iunder performs
• cost of living adjustments emain as they are
• unfunded liability will be reduced
• Approved by City Council 
• next step: approval by employees in the plans

Fort Worth Star Telegram | Fort Worth reaches pension compromise. Will employees approve it?