Breaking News
Police Shortage Hits Critical Mass         Troopers Accused in OT Scam         DROP Lawsuit: Judge Rules Against Cops         The Real Reason They’re After Your Pension? Money!         DROP Program Getting Negative Press         Millennials, White-collar Workers Bringing New Life to Unions         New Study Reveals Police Rarely Use Force         Fake Cop Badges are Everywhere         Best Path for a Trim, Healthy Body         Teachers Get 5% After Strike; Victory for Cops, Too!         When is Police “Use of Force” Justified?         Police Unions & the Video Craze         Scary Day for Police Unions         Night Tours Can Hurt Your Health         Stress Weakens Brain Power; Exercise Can Bring It Back         Police Association President Arrests Suspect—On His Street!         An Assault on Common Sense         NYPD Sergeant Acquitted On All Charges         Fingerprint Scanner to Track On-the-job Time         New Jersey Cops Fighting for Their Pensions         Police and Attorney Say “No Way” to Restrictive Use of Force Policy         Jury Is Out On This Police Review Board         A Police Union With Power!         Stressed-Out Officers: Gone After Eight Years         More Union Members in 2017         Police, Fire Lose Court Fight Over Pensions         Baltimore Discovers It Wants and Needs Its Police         VIDEO: Austin Cops Leaving in Droves         Off-Duty Jobs Scam Uncovered         Deputies Demand $500,000 In Back Pay         Stressed Out Officers, Gone After 8 Years         City Scrambles to Save Pensions         Police Boss Gets Jail Time, Rank and File Up In Arms         CONTRACT REJECTED! Younger Officers Upset With High Healthcare Costs         Police Pensions Protected (For Now)         Let’s Support Firefighters; Cops Will Be Next         Man With a Plan         FBI Will Not Investigate Detective’s Homicide         What About “Warning Shots?” The Debate Continues         Dallas 9-1-1 Back On Track         Hope for Pay Raises in St. Louis         VIDEO: NYC Hero Cop Speaks         New Policies on Deadly Force         ALADS Continues Legal Fight Over “Brady” List         Cops Forgo Raise to Keep 4-3 Schedule         One Cop’s Take On Colin Kaepernick         VIDEO: “We Brought Our Brother Home”         LISTEN: No Sleep? You’d Better Fix That!         VIDEO: What Really Happened         ACLU: Detective’s Right to Free Speech Was Violated         Time To Stop the Finger Pointing         If Things Go Bad, You Need a Plan         Dear Anthem Protesters: Police are Not the Enemy         Real Police Facing Private Takeover         Hard Work, Heartache, and a Lot of Love         VIDEO: Harvey’s Horrific Aftermath         VIDEO: Keeping World Leaders Safe         Bill Bratton On the Future of American Policing         Who Will Pay for New Contract?         VIDEO: Detectives Fight Plan to Cut Pensions         Taking Care of Others, Then Our Own         Public Support For Unions is Growing         Minneapolis Considering Residency Incentives         VIDEO: Cop Battling Cancer is Harvey Hero         VIDEO: Dancing With the Cops?         Cops Speak Out Against Use of “Thin Blue Line” by Hate Groups         What Is the Arnold Foundation Hiding?         Decision May Violate Officers’ Rights         Court Deems Evergreen Clause Constitutional         No Raises for Cops; $140M for Stadium         Philly Cops Win $8M O.T. Settlement         We Condemn Nazis and White Supremacists         Mounties Face Crisis, No Solution in Sight         Push to Oust Louisville PD Chief Intensifying         CSLEA is Newest Member of PubSecAlliance         Ford is Fixing the Problem         “It’s Been An Honor to Work With Chief Marshman”         Automatic Dues Collection Under Attack         Cops Use Video to Go for Pay Raise         Understaffed Leads to Rise In Crime         R.I.P. Deputy Haak         Ruling On Body Cams: Use Must Be Negotiated         Rochester Police Locust Club (NY) Joins PubSecAlliance         Officer Acquitted Of Negligent Homicide         Texas Cops Oppose Anti-Union Bill         Insults Divide, Decency Unites         FOP Prez Threatened, Police Investigate         VIDEO: Sergeant’s Indictment Prompts Outpouring of Support         VIDEO: Sounding the Alarm On a Manpower Crisis         VIDEO: Dramatic Body Cam Footage!         VIDEO: Police Union Advises Action Amid “Breaking Point”         VT First State to OK Compensation for PTSD         Officer Suicides: Agencies Must Do More         Outsiders Clamor for Police Contract Changes         Governor Furloughs Workers, Hits the Beach         Recruit the Best at U.S. Army Reserves         VIDEO: Sergeant Charged With Murder 2         R.I.P. Officer Korchak         More Officers Taking Own Lives         Pride in Honoring Our Own         A Tale of Two Chiefs         New Accountability System Gives Civilians More Power         Police Unions Call for “Rational Voice”         Texas Moves to Save Pensions         City Refuses to Pay Officer’s Legal Bills         Rank and File Question Dubious Hiring         The Mounties Have Never Had to Contend With a Union         Police Week: Anguish, Anger, Empathy         Rookies Sue for OT Pay During Academy Training         FLSA Pay Ruling: Use Cash, Not Benefits         Record Crowd Attends Annual Candlelight Vigil         Everyone Needs Sleep, Especially Cops         Questions Raised About New John Jay President         Hennepin County Sheriff Joins NYPD Shield Program         Big Surprise: Paper Misrepresents Contract Talks         County Budget Leaves Us Underfunded         VIDEO: Omaha Unions Say No to Gov         City Says “No Police Floats” In Parade         One-Minute Man         Is This the Solution to Cop Shootings?         Ingredients for Better LE Outcomes         Why the Police Need Unions         Mounties Demand a Union & Contract         Indebted to Some Very Brave People         We’ve Been Abandoned by Politicos, Command Staff         VIDEO: The Most Hated Man In Pensionland         Underfunded Pensions: a Disaster Waiting to Happen         Another Ambush Attack!         Today, It’s You; Tomorrow, It’s a Security Guard         VIDEO: NJ Police May Get Control of Unfunded Pensions         Thousands of Officers to Get BIG Bonuses         Improving Economy Hurts LE Recruitment         Another Fundraising Scam         Threats to Police Retirement Programs Escalate         Conflict Rises, Billboards Go Up         NJ Unilaterally Changing Police Contract         Pensions Slowly Being Reduced and Replaced         Baltimore Chief: “No More Plainclothes”         When Will All This Stop?         Top Police Union Leader Joins Protest         VIDEO: “Line of Duty” is HERE!         Chicago Cops Get Thanks They Deserve         Mayors Missing as Pension Fund Goes Down         Pension Bill Draws Protest         Deputies Association Hires High-Powered PR Exec         Finally, a Contract for NYPD Officers         Nebraska Corrections Officers Seek Out F.O.P.         Outrage Grows Over Pension Plans in Peril         Sanctuary Cities: Police vs. Mayor         Police Unions Seek to Overhaul Obama’s Reforms         Super Bowl Security         Look Hard at Your Pension Fund         Pension Mediation Talks Cease; Lawsuit Looms         How Much Would You Pay for Policing?         Hazardous Workplace         Officers Leaving in Droves         Technology, Police, and Privacy         Fake Guns Destroy Lives         War Against Unions Gaining Ground         Washington D.C. Police Union in Turmoil         Teamsters Face 20% Cut in Pension Benefits         Body Cam Screw-ups Lead to Mistrial         VIDEO: Body Cam Catches Shootout         Restraining Order for Black Lives Matter Leader         New Chief Has Fight On His Hands         Pension Panic Spreads         Carrots and Sticks         Another Agency May Fold         Community and Police Join in Prayer         VIDEO: We Are There For You!         Feds Seek Repeat of Disastrous Police Hiring Practices         VIDEO: Officer’s Gift of Kindness Keeps on Giving         Is Trump Going After Collective Bargaining Rights?         Police Union Not “App”y         Police Union Fights Back Against Budget Cuts         Police Union Reinstates Body Cam Program         Citizen Wants Officer Fired for FB Post         VIDEO: Use of Force Policy Fiasco         Attacks on Law Enforcement         VIDEO: Where Is the Outrage?         Millions May Lose Overtime Pay         Mayor Violates Officer’s Right to Due Process         VIDEO: Police Union Heals With Song         State Moves to Nix Benefits From Collective Bargaining         City, Officer Cleared in Wrongful Death Case         Trump Puts OT, Benefits On Chopping Block         VIDEO: A World Without Law Enforcement         VIDEO: Shake It Off         HUGE Refund for AZ Public-Safety Pensioners         Eloquent Goodbye         Cheerleader In Chief         The Trouble With Trauma         Shocking News About Local Gov Pension Funds         See You In Court!         One of the Good Guys         Chief Resigns After No-Confidence Vote         Zika Virus Hits Cops         Iowa Officers Ambushed         Policing the Police         For Real Community Policing, Let Officers Do Their Jobs        
By September 26, 2016 Read More →

The Unthinkable May Come to Pass

come-to-pass

Officers are justifiably outraged when their pension funds have been mismanaged and their security is threatened. It’s a hard job with enormous risks and those who take it on should get everything they are due when they retire.

By all accounts, Dallas Police Department’s pension fund is in a bad way. Rumors that the fund could become insolvent are rampant and there have been scores of retirements including the Chief, David Brown, and the president of the union, Ron Pinkston.

The crisis comes as the Dallas Police Department negotiates with City Hall to raise pay and build its ranks, which union leaders say have been depleted by low pay and poor working conditions. There are currently 3,355 officers in a department that once had 3,600.

Problems with the Dallas Police and Fire Pension system have been simmering for years and were coming to a head when the July 7 sniper attack temporarily united the city. But, in recent weeks, the pension crisis has boiled up again because of fears about the system’s viability and pleas for calm from fund administrators.

“I wanted to make sure that I was able to move it and get it invested somewhere safe,” the outgoing president of the Dallas Police Association, Ron Pinkston, told local TV. “I don’t know anything anybody else doesn’t know that has been doing their homework. And hopefully everybody that’s in my position, that’s thinking about it, is doing their homework, is checking their numbers.”

In a statement, Pinkston also accused city leaders of “running off talented officers” with bad pay and benefits and warned that “Dallas is on a dangerous path toward a future marred with fear and violence.”

The police and fire pension fund spent almost a decade basing its financial health on artificially inflated asset values from risky real estate investments, according to its executive director. After devaluing those assets to reflect actual worth, the plan is about 45 percent funded and projected to run out of money in less than 15 years, Texas Pension Review Board numbers show.

READ MORE

Posted in: The Enemy

1 Comment on "The Unthinkable May Come to Pass"

Trackback | Comments RSS Feed

  1. Phillip O.Norton says:

    Your attention is directed to the ongoing pension fight in the City of San Jose,California. Over three years ago the then mayor submitted a proposition to the voters to amend the City charter to change pension and disability language. The net effect was disastrous. The Police Dept. lost over 500 Officers from resignations and early retirements. San Jose has a population of over one million now being policed by about 850 officers. The City tried to hire their way out of the problem they created but the latest academy graduated seven recruits. That is similar to previous academies. The proposition was attacked by the Police Officers Association successfully on the grounds that the City absolutely refused repeated requests by the POA to Meet and Confer under the provisions of State law. The entire proposition is now awaiting a vote of the people in November to reverse the original vote to amend the City Charter. Meanwhile the Police Dept. has now been forced to operate under a declaration of a state of emergency. That action negated all provisions of contracts between the POA and the City. The Dept. is now operating with forced overtime to answer 911 calls. The Bureau of investigations has ceased in effect,to exist as have specialized units. The original vote to amend the pension plan was based on fictitious fiscal data put forth by the mayor even after he was caught doing so publically. This is an interesting case to follow.
    I am a retired Lieutenant and former President of the San Jose Police Officers Association.