San Diego’s public employee pension crisis explained

(californiapensionreform.com)

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2010-01-30

"San Diego’s NBC affiliate KNSD-TV (Channels 7/39) produces a regular feature called “San Diego Explained.” This segment does a good job of explaining the difference between the guaranteed defined-benefit pension plans enjoyed by public employees and the 401(k) plans that most taxpayers are familiar with. Watch for an especially on-target comment by city council member Carl DeMaio."

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