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Proposed pension contribution plan passes employee vote

Posted Feb. 25, 2019

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The unofficial results of the city’s pension vote are in, and employees voted in favor of city management’s proposed solution. As such, the city’s $1.6 billion unfunded pension liability has been solved locally, here in Fort Worth.

The Fort Worth Employees’ Retirement Fund Board is scheduled to officially certify the results on Wednesday, Feb. 27.

A total of 74.47% of the city’s 6,589 employees voted – thereby achieving the “50-percent-plus-one” requirement for the vote to pass. Of those, 59.49%, or 3,920 employees, voted for city management’s proposed plan.

This vote comes on the heels of a robust, two-month employee education campaign, which saw city management visiting multiple sites throughout the organization to educate employees on the specifics of the proposed plan. Additional educational materials were made available on the city’s website, through the city’s employee newsletter, and via a dedicated pension hotline.

Changes to take effect

Since the employee vote passed, the proposed contribution increases, the Risk Sharing mechanism, additional employee contributions on overtime and the additional DROP year will all take effect.

Contribution changes for General Employees will be effective July 20, 2019.

Contribution changes for Firefighters and Police Officers will also begin July 20, 2019, and their contributions will be phased in over the next two years.

Based on the performance of the plan, the Risk Sharing mechanism will kick in during 2022. These additional contribution increases are anticipated to last for two years.

As a reminder, the changes to sick/major medical leave and the COLA will also be effective July 20, 2019.

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Disciplinary Appeal of Three-Day Suspension of Erica Williams: 9 a.m. Sept. 16, 2019; Bob Bolen Public Safety Complex, Classroom #1134, 505 W Felix Street.
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Trinity Metro Commuter Rail Committee Working Session: 3:30 p.m. Sept. 16, 2019; Fort Worth Central Station, Downtown Fort Worth, 2nd Floor Community Room, 1001 Jones Street.
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Trinity Metro Planning, Operations & Marketing Committee Working Session: 4 p.m. Sept. 16, 2019; Fort Worth Central Station, Downtown Fort Worth, 2nd Floor Community Room.
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Trinity Metro Finance & Audit Committee Working Session: 4:30 p.m. Sept. 16, 2019; Fort Worth Central Station, Downtown Fort Worth, 2nd Floor Community Room.
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Global Business Opportunities for Entrepreneurs: 6 p.m. Sept. 16, 2019; Fort Worth Business Assistance Center, 1150 South Freeway.
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Canceled Fort Worth Local Development Corporation Meeting: 2 p.m. Sept. 17, 2019; City Council Conference Room 290, City Hall, 200 Texas Street.

Canceled Central City Local Government Corporation: 2 p.m. Sept. 17, 2019; City Council Conference Room 290, City Hall, 200 Texas.

Canceled Alliance Airport Authority, Inc.: 2 p.m. Sept. 17, 2019; City Council Conference Room 290, City Hall, 200 Texas Street.

Canceled Lone Star Local Government Corporation Meeting: 2 p.m. Sept. 17, 2019; City Council Conference Room 290, City Hall, 200 Texas Street.

City Council Work Session: 3 p.m. Sept. 17, 2019; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
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The Right Words Just Work - Message Clarity Workshop: 6:30 p.m. Sept. 17, 2019; Fort Worth Business Assistance Center, 1150 South Freeway.
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City Council Meeting: 7 p.m. Sept. 17, 2019; City Council Chambers, Second Floor, City Hall, 200 Texas Street.
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Commercial Board of Adjustment Work Session: 8:30 a.m. Sept. 18, 2019; City Council Conference Room 290, 2nd Floor, City Hall, 200 Texas Street.
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Quickbooks Online: 8:30 a.m. Sept. 18, 2019; Fort Worth Business Assistance Center, 1150 South Freeway.
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Canceled Health Fair at Southside Community Center: 9 a.m. Sept. 18, 2019; Southside Community Center, 959 E. Rosedale.

Commercial Board of Adjustment Public Hearing: 9:30 a.m. Sept. 18, 2019; City Council Chamber, 2nd Floor, CIty Hall, 200 Texas Street.
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Residential Board of Adjustment Work Session: noon Sept. 18, 2019; City Council Conference Room 290, 2nd Floor, City Hall, 200 Texas Street.
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Residential Board of Adjustment Public Hearing: 1 p.m. Sept. 18, 2019; City Council Chamber, 2nd Floor, City Hall, 200 Texas Street.
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Park Vista & Keller Haslet Intersection Improvements Project Meeting: 6:30 p.m. Sept. 18, 2019; Villages of Woodland Springs Amenity Cener, 12209 Timberland Blvd.

Breakfast at the BAC featuring Dr. Stacia Alexander: 7:30 a.m. Sept. 19, 2019; Fort Worth Business Assistance Center, 1150 South Freeway.
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Urban Design Commission Public Hearing: 10 a.m. Sept. 19, 2019; City Council Work Room, 2nd Floor, City Hall, 200 Texas Street.
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Urban Design Commission Work Session: 10 a.m. Sept. 19, 2019; City Council Work Room, 2nd Floor, City Hall, 200 Texas Street.
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Fort Worth Housing Solutions Board of Commissioners Regular Meeting: 5 p.m. Sept. 19, 2019; FWHS Administrative Office Board Room, 1201 East 13th Street.
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Fort Worth Housing Solutions FW Alliance Public Facility Corporation Meeting: 5 p.m. Sept. 19, 2019; FWSH Administrative Office Board Room, 1201 East 13th Street.
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Northwest Community Center Project Meeting: 6 p.m. Sept. 19, 2019; Saginaw High School, 800 North Blue Mound Road.

Fort Worth Housing Solutions Board of Commissioners Public Hearing: 6 p.m. Sept. 19, 2019; FWHS Administrative Office Board Room, 1201 East 13th Street.
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Fort Worth Housing Solutions Public Hearing: 6 p.m. Sept. 19, 2019; Fort Worth Housing Solutions Administrative Office, 1201 East 13th Street.
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Eastside & Southside Infrastructure Improvements Project Meeting: 6:30 p.m. Sept. 19, 2019; Sycamore Community Center, 2525 East Rosedale St.

WORKSHOP: Lead-Safe Program (Presented in Spanish): 6:30 p.m. Sept. 19, 2019; Northside Community Center, 1100 NW 18 St.

Barbershop Talk : 11 a.m. Sept. 20, 2019; Millennium Cuts, 8000 Wichita St No. 112.

Minority and Women Business Enterprise Advisory Committee Meeting: 11:30 a.m. Sept. 20, 2019; James E. Guinn Building, 1st Floor, PharmaFab Conference Room #116, 1150 South Freeway.
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Fort Worth Crud Cruiser Event: 9 a.m. Sept. 21, 2019; MET Church, 11301 Old Denton Road, Fort Worth 76244.

Presentations and Pitches Bootcamp: 9 a.m. Sept. 21, 2019; Fort Worth Business Assistance Center, 1150 South Freeway.
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Tax Planning for Small Business: 9 a.m. Sept. 21, 2019; Fort Worth Business Assistance Center, 1150 South Freeway.
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WORKSHOP:Lead-Safe Program (Presented in English): 9:30 a.m. Sept. 21, 2019; Northside Community Center, 1100 NW 18th St.

Mental Health Awareness Fair at Como Community Center: 10 a.m. Sept. 21, 2019; Como Community Center, 4900 Horne St.

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