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San Diego City Employees’ Retirement System overestimates annual pension returns
Yes, I fear we will be faced with even less city infrastructure repairs ... It was already underfunded, the mounting number of needs will sit while $$ goes to this underfunded pension. Overstating the anticipated revenue seems to be a popular practice, just look at the state level, 6 weeks after they sign the budget they find they are another $8Billion in the hole.... they were only off by 20% !!!!— March 23, 2009 1 a.m.
Travels with Lori
What the ??? Why can't our representatives "just say no" to taking bribes from private companies? They pay for these perks and then they'll be back asking for favors. This is no different than giving undeserved bonuses to AIG exec's,,, they get compensated for representing us, the taxpayers they don't need these extra perks. Good job Reader, we don't need another Duke fiasco in our County..... with your informative info, I hope she straightens up and stops feeding off the special interests and comes back to the public trough....— March 23, 2009 12:40 a.m.