Bid to Privatize Retirement Could Boost SD Pension Costs

 San Diego's controversial plan to privatize retirement could wind up costing the city more, not less. An analysis of the ballot proposal to replace secure pensions with 401(k) plans says the proposal may actually force the city to pay more into the pension system, at least in the short run.

Authors:

 San Diego's controversial plan to privatize retirement could wind up costing the city more, not less. An analysis of the ballot proposal to replace secure pensions with 401(k) plans says the proposal may actually force the city to pay more into the pension system, at least in the short run.

Authors:

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