[NormsRevenge]

Related stories at SD U-T

City may be close to settling with SEC
http://www.signonsandiego.com/news/metro/pension/20061003-9999-1n3sec.html

Documents

Fiscal Year 2003 Draft Comprehensive Annual Financial Report (PDF)
http://www.signonsandiego.com/news/metro/images/061003financialreport.pdf

[jrp]

Eh, who cares. The weathers' perfect, everyones fat with home equity and surf's up, duuude.... /sarc

[goldstategop]

Unfunded Pension Liabilities - UPL - is becoming a hidden political time bomb around the country. The Los Angeles Times ran a story on it the other day. As people worry about Social Security and their own retirement prospects, they're not going to be pleased to learn their own taxes will be increased and services cut to pay lavish benefits to government employees. And the problem will only get worse in the decades ahead and not just in San Diego.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus