Thursday, February 9, 2012

NBC Bay Area: San Jose Pension Numbers "Not Based On Reality"

The Bay Area affiliate of NBC News recently exposed the City of San Jose's "numbers game" on pension costs.  The report reveals "city leaders gave out bad information" that grossly inflates projected pension costs even though "the mayor was told not to use that number."  The report notes the city is playing "quite the numbers game" in its efforts to steal officers' retirement security.  See the report here.