Health Care & Hospital Law
Sep. 28, 2010
San Diego Not Liable for Pension
The city's beleaguered retirement system got a setback Friday when a judge ruled that city employees don't have a vested right in having the city of San Diego bear the entire costs of the pension's $2.1 billion unfunded liability.
Daily Journal Staff Writer
SAN DIEGO - Employees who rely on the city's beleaguered retirement system saw a setback Friday when a judge ruled they don't have a vested right in having the city bear the entire cost of the pension's $2.1 billion unfunded liability.
Judge Joan Lewis found that the city's charter contains language requiring the city to contribute only an amount that is "substant...
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