TPPF Statement on Fitch Ratings Downgrade Threat to Dallas Police & Fire Pension Systems
The Texas Public Policy Foundation’s (TPPF) Center for Local Governance Director James Quintero today issued the following comments in response to yesterday’s statement by Fitch Ratings regarding the Dallas Police and Fire Pension. Quintero emphasized that unless meaningful pension reform legislation is passed in the 85th Texas Legislative Session, a “multi-notch downgrade” of the City of Dallas’ rating may occur.
Press Release January 10, 2017