Featured Stories

Now Trending

Taxes & Spending

Without True Local Control, Pension Problems Spiral

The 45th Legislature established the Texas Local Fire Fighters Retirement Act (TLFFRA) in 1937 to create local retirement systems for the benefit of full-time, part-time, and volunteer firefighters in participating cities. At the time, lawmakers intended to create a general governance structure while still “leav[ing] administration, plan design, contributions, and specific investments to each system’s...

By Rachel Walker
July 16, 2024

The Daily Cannon

Videos

Featured Columnist