Retired Dallas police, fire likely wouldn’t see cost of living increase until 2046 under proposed city plan [Video]

The City of Dallas‘ proposal to fund the Dallas Police and Fire pension would delay cost of living increases for retirees for the next few decades.

Retired Dallas police and firefighters have not received a cost of living increase in eight years.

Under the proposed city staff plan, they would not be eligible to get one until likely the year 2046.

Council members are struggling with keeping the pension funded, walking a fine line between not putting too heavy a burden on taxpayers and keeping the promise to take care of retired Dallas police and firefighters.

“I just want to ask that we focus on getting the fund healthy, and making sure it is a sustainable option moving forward,” said one council member.

The current proposal ramps up city funding over five years.

 Dallas City Council member Cara Mendelsohn wants to be more aggressive.

“This is going to cost more by doing a five-year ramp up …