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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

Last day to apply to the Fort Worth Business Plan Competition: June 17, 2019; James Guinn Entrepreneurial Campus, 1150 South Freeway, Suite 106.
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Urban Plan for Public Officials Workshop: 8:30 a.m. June 17, 2019; Meacham Airport, 3rd Floor Conference Room, 201 American Concourse.
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Collective Bargaining between the City of Fort Worth and the International Association of Fire Fighters, Local Union 440 - REVISED: noon June 17, 2019; City Council Conference Room 290, City Hall, 200 Texas St.
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Commuter Rail Committee Work Session: 3:30 p.m. June 17, 2019; Intermodal Transportation Center, 2nd Floor Community Room, 1001 Jones Street.
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Planning, Operations, and Marketing Committee Working Session: 4 p.m. June 17, 2019; Fort Worth Central station, 2nd Floor Community Room, 1001 Jones Street.
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Finance and Audit Committee Working Session: 4:30 p.m. June 17, 2019; Fort Worth Central Station, 2nd Floor Community Room, 1001 Jones Street.
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Fort Worth Art Commission Special Called Meeting: 5 p.m. June 17, 2019; Fort Worth Community Arts Center, 1300 Gendy Street.
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Fort Worth Local Development Corporation: 2 p.m. June 18, 2019; City Council Conference Room 290, 2nd Floor, City Hall, 200 Texas Street .
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Canceled Central City Local Development Corporation: 2 p.m. June 18, 2019; City Council Conference Room 290, 2nd Floor, City Hall, 200 Texas Street.

Canceled AllianceAirport Authority, Inc.: 2 p.m. June 18, 2019; City Council Conference Room 290, 2nd Floor, City Hall, 200 Texas Street.

Canceled Lone Star Local Development Corporation: 2 p.m. June 18, 2019; City Council Conference Room 290, 2nd Floor, City Hall, 200 Texas Street.

City Council Work Session: 3 p.m. June 18, 2019; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
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City Council Meeting: 7 p.m. June 18, 2019; City Council Chambers, Second Floor, City Hall, 200 Texas Street.
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Commercial Board of Adjustment Work Session: 9 a.m. June 19, 2019; City Council Conference Room 290, City Hall, 200.
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Commercial Board of Adjustment Public Hearing: 10 a.m. June 19, 2019; Council Chamber 2nd Floor, City Hall, 200 Texas St.
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Residential Board of Adjustment Work Session: 1 p.m. June 19, 2019; City Council Conference Room 290, City Hall, 200 Texas St.
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Residential Board of Adjustment Public Hearing: 2 p.m. June 19, 2019; City Council chamber 2nd Floor, City Hall, 200 Texas St.
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Breakfast at the BAC - The Two H's of Labor and Employment: 7:30 a.m. June 20, 2019; Fort Worth Business Assistance Center, 1150 South Freeway.
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Fort Worth Housing Solutions Board of Commissioners: 5 p.m. June 20, 2019; FWHS Administrative Office Board Room, 1201 East 13th St.
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Fort Worth Affordability, Inc. Annual Meeting: 5 p.m. June 20, 2019; FWHS Administrative Office Board Room, 1201 East 13th St.
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Gateway Public Facility Corporation Annual Meeting: 5 p.m. June 20, 2019; FWHS Administrative Office Board Room, 1201 East 13th St.
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Chishol V Corporation Annual Meeting: 5 p.m. June 20, 2019; FWSH Administrative Office Board Room, 1201 East 13th St.
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Sycamore Housing, Inc. Annual Meeting: 5 p.m. June 20, 2019; FWSH Administrative Office Board Room, 1201 East 13th St.
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Stallion Point Public Facility Corporation Annual Meeting: 5 p.m. June 20, 2019; FWHS Administrative Office Board Room, 1201 East 13th St.
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Fair Park Public Facility Corporation Annual Meeting: 5 p.m. June 20, 2019; FWHS Administrative Office Board Room, 1201 East 13th St.
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Fair Oaks Public Facility Corporation Annual Meeting: 5 p.m. June 20, 2019; FWHS Administrative Office Board Room, 1201 East 13th St.
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View the full city calendar and current meetings.