Newsmakers
City of San Diego Will Retroactively Replace Thousands of Employees’ DC Plans With Pensions
The payments will mark an end to a nine-year legal battle.
Tag: San Diego
Newsmakers
San Diego’s Pension Payments Will Decrease by Over $30 Million
The city’s plan is on track to achieve full funded status by 2033.
Newsmakers
Restoring Pensions from 401(k) Plans Could Cost San Diego Millions
The city might have to retroactively create DB plans for some 4,000 city workers.
Corporate Moves
San Diego County CIO Stephen Sexauer Takes Over as Interim CEO
The investment chief said he plans to return to his role once the search is over.
Newsmakers
Calif. High Court to Hear Appeal Against San Diego Pension Cuts
City could be forced to create pensions for 3,000 workers if overturned.
San Diego Union Appeals Ruling Upholding Pension Changes
City would have to fund retroactive pensions for more than 3,000 workers if overturned.