City Attorney Mike Aguirre on Wednesday continued blasting a member of the mayor's Blue Ribbon finance committee for not reacting to information about the mounting pension deficit warnings in 2002. 
City Attorney Michael Aguirre dropped a bombshell on City Hall in the first report of his pension investigation Friday. Aguirre alleges that city officials failed to disclose critical financial information and reports. 
On the same day that Mayor Dick Murphy and City Attorney Michael Aguirre promoted disbanding the city's controversial DROP program, City Manager Lamont Ewell issued a report touting its effectiveness. 
City Attorney Michael Aguirre has issued a list of pension reform suggestions to city leaders -- including a retroactive rollback of "pension benefits created without corresponding payment sources" -- that will likely bring uproar from unions. 
Heeding a call from critics to avoid a longer speech touting the status of his older "10 Goals" vision, San Diego Mayor Dick Murphy delivered a short, concise State of the City address calling for renewed leadership and action. 
Funding the retirement of America's aging population is becoming a growing controversy in boardrooms, state houses and the nation's capitol. Quite simply, raising the money to fund these generous retirement programs is proving to be an enormous burden. 
Since there is sudden interest in San Diego city finances by the FBI, the SEC and our own city attorney, maybe there will be answers to questions that have bothered me for a couple of years now -- and they have to do with Mayor Dick Murphy's Blue Ribbon Committee on City Finances. 
Two teams of lawyers are trying to block City Attorney Mike Aguirre from defending the city against a potential lawsuit that could force the City Council to repeal increased retirement benefits approved in 2002. 
The names of three ranking city officials that were subpoenaed to testify to the Securities Exchange Commission were released Thursday by San Diego City Attorney Mike Aguirre. 
The city of San Diego has paid $410,021.72 since March in outside legal fees to attorneys representing the city and various city employees in an SEC investigation. 
The San Diego City Council endured a contentious meeting Tuesday in which it granted the city's auditing firm a wider range of access to documents and interviews. In addition, the council agreed to pay for the legal fees of employees who are not convicted of any crimes. 
John Kern, chief of staff for San Diego Mayor Dick Murphy, has enrolled in the notorious DROP pension program. 
As San Diego struggles with its under-funded pension system, The Daily Transcript will continue to provide comprehensive and timely coverage of the issue. Find the latest articles on San Diego's continuing pension saga.
|
|
|