Run on the Bank: Hundreds of Police and Fire Pensioners Want Their Cash After Dallas Mayor Mike Rawlings Sued System

Mayor Mike Rawlings' lawsuit to stop the beleaguered Dallas Police and Fire Pension System's lump-sum withdrawals appears to have spurred pensioners to attempt another run on the bank.Dallas Police and Fire Pension System Executive Director Kelly Gottschalk said Tuesday the system received more than 160 withdrawal requests on Monday alone. She said the recent average had been about 115 requests a week. Pension officials were still processing Tuesday's requests, but have counted 266 requests since last Wednesday.  Continue reading...

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