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San Diego Council To Discuss Implementing Pension Overhaul

Aired 6/11/12 on KPBS News.

The San Diego City Council is scheduled to discuss today preliminary measures to take to implement Proposition B, the voter-passed pension overhaul initiative.

The San Diego City Council is scheduled to discuss today preliminary measures to take to implement Proposition B, the voter-passed pension overhaul initiative.

Council President Tony Young said last week he intended to meet the will of the public, who approved of the ballot measure with 66 percent of the vote.

Young wants a discussion on the parameters of a 401(k)-style plan that will be given to new employees other than police officers, who will still be enrolled in the pension system. The initial plan, called a `" defined contribution plan,'' would go to the handful of municipal workers not represented by unions and to workers hired once the election results are certified by the state, which could be as soon as mid-July.

He also wants to retain outside lawyers and an actuary to work on the new plans.

The City Council is also expected today to adopt its $2.7 billion budget for the fiscal year that begins on July 1. The spending plan increases library and recreation center hours, adds police and fire academies, and funding for arts and culture programs.

Evening Edition

Above: Michael Zucchet, general manager of the San Diego Municipal Employees Association, and San Diego City Attorney Jan Goldsmith talk to KPBS about Proposition B.

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