Aguirre argues to rollback pension benefits
Tuesday, June 27, 2006
City Attorney Mike Aguirre and attorneys for the city's pension system presented six hours of oral arguments yesterday in the suit over whether to rollback hundreds of million s in city pension benefits. KPBS reporter Alison St John has more.
Aguirre urged Judge Jeffrey Barton to restore financial health to the city's pension system with a stroke of his pen.
Barton: "This city has a rendezvous with destiny with regard to this pension plan, and we are looking at a 6 billion dollar liability there is still time to save the system."
Aguirre asked the court to appoint an expert to identify what he called "the cancer of illegal benefits" and cut them out. But labor attorney Ann Smith scoffed at Aguirre's suggestion.
Aguirre: "When the city attorney says there should be a scalpel taken to the benefits, I have no idea your honor what he is even talking about it has never been defined what benefits are actually being put in issue."
Judge Barton said the case is legally very complex and that he'll time to reach a summary judgment. Alison St John, KPBS news
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