Dallas Police department is facing a crisis as dozens of experienced officers rush to take early retirement because the city’s pension fund is about to run out.
Reports indicate that the long-term viability of the pension was damaged by high-risk investments.
Currently, there are 3,355 officers in the department, down from a historic high of 3,600.
The police and fire department’s pension fund was hit by a scandal where the former trustees invested in risky real estate developments which had to be written down in value.
