Dallas Mayor Wants to Halt Pension Withdrawals

UPDATE: December 8, 2016
The Dallas Police and Fire Pension System’s Board of Trustees stopped the lump sum withdrawals from the pension fund. The trustees were trying to put off a possible restraining order. The board chairman Sam Friar stated, “Our situation is currently critical, and we took action.”

rawlings_dallasDallas Mayor Mike Rawlings, in a bid to preserve the Dallas Police and Fire Pension Fund, has called for the halting of lump sum withdrawals from the pension. The mayor penned the letter to the Board of the Dallas Police and Fire Pension Fund. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]



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