City of Fort Worth Pension Information
The City of Fort Worth is currently exploring changes to its current pension system. According to City Manager David Cooke, “If the plan continues in its current form, and based on the plan’s current assumptions for the future, the plan will run out of money in 2050. If we use more conservative – and some would say more accurate – assumptions about the future, the fund will run out of money before 2050.”
As a result, the city’s Pension Review Committee is examining options to keep the pension more sustainable over the long term.
David Cooke has written several emails to current employees explaining the situation and providing important historical context, while addressing current concerns and next steps. These articles have been included in The Roundup, the city’s employee communications tool, and will be included on this page as updates are available.
- Pension Update: “Questions and Answers” (Jan. 8, 2018)
- Pension Update: “Retaining top talent and development of a strawman proposal” (Dec. 19, 2017)
- Pension Update: “What’s happened since 2017” (Dec. 12, 2017)
- Pension Update: “Why is the city’s pension plan not sustainable, and how did we get here?” (Dec. 1, 2017)
200 Texas St.
Fort Worth, TX 76102
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- City of Fort Worth Employee Leave & Accrual Balance: 817-392-8989