Team Hedge Fund

“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.”
Go to Source

Related posts:

1. San Diego Sues its Pension System to Shift Responsibility for Deficit from Taxpayers to the Employees
2. Escalating Pension Crisis Will Bankrupt San Diego
3. PBS spotlights California’s public employee pension crisis
4. San Diego is in a constant financial crisis. Why did it pay its city employees millions more last year?
5. PUBLIC EMPLOYEE UNIONS STILL DON’T GET IT