Thursday, September 22, 2016

Dallas Police Pension Is On
The Verge Of Collapse 
As Record Number Of Cops 
Seek Full Withdrawals
Article highlights how the Dallas Police & Fire Pension is on the verge of collapse as a growing number of police & firefighters are taking their funds out .. "It seems as though Dallas police officers are catching on to the ponzi and rushing to withdraw retirement funds as quickly as possible before the whole system goes bust. As reported by a local ABC affiliate, Dallas police officers are retiring at a record rate and opting for full cash withdrawals of their pension benefits as opposed to equal monthly distributions for life .. But the pension fund is in trouble and in danger of going bankrupt. That's causing some officers and retirees to begin withdrawing their retirement funds and rolling it into their 401Ks."
link here to the article

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