Latest / The Fiscal Policy Podcast with Fexingo: Government Budgets, Stimulus, and Public Spending
How One City Fixed Its Pension Crisis
Episode 47 of The Fiscal Policy Podcast with Fexingo looks at how one American city dug itself out of a pension funding crisis without cutting benefits or raising taxes. Lucas and Luna walk through the specific playbook used by Fort Worth, Texas, which had a funded ratio below 50 percent in 2024. Three years later, through a combination of a dedicated property tax override, a shift to a conservative investment glide path, and a five-year contribution ramp, the city pulled its funded ratio above 80 percent. The episode breaks down the numbers, the political trade-offs, and why the same…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.