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Education campaign kicks off before city employees vote on pension solution

Posted Jan. 7, 2019

Archived Content Information and links provided may no longer be accurate.

On Dec. 13, the city council voted to approve a proposed plan that will put the City of Fort Worth’s pension on the path to sustainability and eliminate its $1.6 billion unfunded liability.

Part of this plan requires an employee vote, which will be held Feb. 4-22. Current city employees of all employee groups — general employees, fire and police — will vote on whether or not to:

  • Increase employee contributions to the fund.
  • Approve employee contributions to the fund for all overtime hours.
  • Adopt the risk sharing mechanism to allow further contribution increases in the event that the health of the pension is not restored by these changes.

In order for the plan to succeed, a majority of all city employees — 50 percent plus one — must vote in favor of it. Both the City of Fort Worth’s increased contribution and an extension of the DROP period from five to six years are contingent upon approval of the employee contributions.

A failed employee vote will send the city’s pension to the state Legislature in Austin, where the final decision will be made regarding further contribution increases and benefit reductions.

Pension education resources

Several resources are now available as part of the city’s comprehensive education campaign, so employees can learn more about the proposed plan and cast an informed vote next month.

The city’s pension web page will continue to be the most up-to-date resource for all things related to the pension discussions. Among other information, the web page contains:

  • A collection of articles and videos of council presentations about the proposed plan.
  • Information organized by employee group — General Employees, Fire and Police — about how changes to the pension will impact each group.
  • A pension glossary, which helps provide definitions for many of the concepts and terms being used throughout the education campaign.
  • A pension FAQ section, which will be updated during the next few weeks with answers to employee questions.

Pension meetings

The pension web page also contains a complete schedule of more than 20 educational meetings, which will be given by city management at locations throughout Fort Worth. City employees will have the opportunity to ask questions and learn more information about the proposed changes prior to next month’s employee vote.

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Calendar

City Council Work Session: 3 p.m. March 26, 2019; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
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City Council Meeting: 7 p.m. March 26, 2019; City Council Chambers, Second Floor, City Hall, 200 Texas Street.
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Metropolitan Area EMS Authority: 10 a.m. March 27, 2019; MedStar Mobile Healthcare, 2900 Alta Mere Drive, Fort Worth, Texas 76116.
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City Plan Commission Work Session: noon March 27, 2019; City Hall, Second Floor, City Council Conference Room 290, 200 Texas Street.
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City Plan Commission Public Hearing: 1:30 p.m. March 27, 2019; City Hall, Second Floor, City Council Chambers, 200 Texas Street.
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Park & Recreation Advisory Board: 4 p.m. March 27, 2019; Fort Worth Botanic Garden, Deborah Beggs Moncrief Garden Center, 3220 Botanic Garden Boulevard, Fort Worth, Texas 76107.
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Bonnie Brae Improvements Project Meeting: 6 p.m. March 27, 2019; Bonnie Brae Elementary, 3504 Kimbo Road.

Tarrant County Adult Education & Literacy Consortium Meeting: 9:30 a.m. March 28, 2019; Workforce Development Board Office, Large Conference Room, 1320 South University Drive, Suite 600.
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Water and Wastewater Capital Improvements Plan Citizens Advisory Committee: noon March 28, 2019; Fort Worth City Credit Union, 2309 Montgomery Street, Fort Worth, Texas 76107.
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Emergency Physicians Advisory Board: 12:30 p.m. March 28, 2019; TCMS Building, 3rd Floor, 555 Hemphill.
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WORKSHOP: Code Compliance 101: 6:30 p.m. March 28, 2019; Northside Community Center, 1100 NW 18th St.

Spring Fling at Greenbriar Community Center: 6 p.m. March 29, 2019; Greenbriar Community Center, 5200 Hemphill St.

Community Rummage Sale at Andrew Doc Session Community Center: 8 a.m. March 30, 2019; Andrew Doc Session Community Center, 201 S. Sylvania Ave.

View the full city calendar and current meetings.