DALLAS — After about a decade of uncertainty, a legal battle, and months of negotiations, the Dallas City Council and the Dallas Police and Fire Pension System board have OK'd a funding plan for the pension system.
The plan calls for fully funding the pension system within 30 years and is projected to require contributions from the city totaling approximately $11 billion over the 30-year period, according to filings with the city.
The Dallas City Council greenlit the plan Wednesday, and the Dallas Police and Fire Pension System board of trustees approved allowing the executive director to execute the settlement agreement with the City of Dallas in a 6-5 vote following a lengthy discussion on Thursday.
This week's votes come after the Dallas Police and Fire Pension System Board of Trus

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