KPBS Metro Reporter Discusses Pension Fund Trial
San Diego has been grappling with a spiraling pension scandal. Yesterday, City Attorney Mike Aguirre made his opening statements in his court battle to roll back pension benefits, which he argues were
Tom Fudge: Yesterday San Diego’s City Council budget analyst urged the mayor and City Attorney Mike Aguirre to do more to solve the pension fund deficit. A report by Andrea Tevlin suggested specific reforms, such as ending the practice of diverting so-called surplus earnings, from the pension fund, to retiree benefits. Meanwhile, Mike Aguirre was in court yesterday arguing his case for cancellation of recent pension benefit increases. Aguirre, and his backers, argue the benefits are illegal. If Aguirre’s case is successful, it could solve a significant part of the city’s pension deficit problem.
- Alison St. John, metro reporter for KPBS News.