Saturday, April 23 2011

“In my 18 months covering San Diego politics, people can’t stop talking to me about two dates: 1996 and 2002. Those were the years the city gave massive retroactive pension benefit increases, known as MP-1 and MP-2, while at the same time underfunding the pension system. The fallout of those decisions led to national scorn and financial ruin. We’re still saddled with their legacies today.”

— Liam Dillion, the People’s Reporter re: San Diego’s nasty pension problem

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