SAN DIEGO ANALYTICS BLOG
Ventura County Pension Reform Would Save $460 Million, Reduce Debt $1.8'billion
The Problem: The Ventura County Employees’ Retirement Association (VCERA) is poorly positioned to stay properly funded in the coming years, and local taxpayers may be forced to pick up a hefty tab of unfunded liabilities if substantive changes are not made in the near future.
Pension Hawks Warn of 'MP-3'
It’s been a while since a San Diego mayor has been accused of tampering with the pension system.
But Mayor Jerry Sanders’ recent announcement that he is replacing three pension board members appointed before he took office has raised concerns that Sanders is angling to revise a relatively unknown aspect of the pension system.