Here's something you might be interested in.
Ask a Hipster — Advice you didn't know you needed
Big Screen — Movie commentary
Blurt — Music's inside track
Booze News — San Diego spirits
Classical Music — Immortal beauty
Classifieds — Free and easy
Cover Stories — Front-page features
Drinks All Around — Bartenders' drink recipes
Excerpts — Literary and spiritual excerpts
Feast! — Food & drink reviews
Feature Stories — Local news & stories
Fishing Report — What’s getting hooked from ship and shore
From the Archives — Spotlight on the past
Golden Dreams — Talk of the town
The Gonzo Report — Making the musical scene, or at least reporting from it
Letters — Our inbox
Movies@Home — Local movie buffs share favorites
Movie Reviews — Our critics' picks and pans
Musician Interviews — Up close with local artists
Neighborhood News from Stringers — Hyperlocal news
News Ticker — News & politics
Obermeyer — San Diego politics illustrated
Outdoors — Weekly changes in flora and fauna
Overheard in San Diego — Eavesdropping illustrated
Poetry — The old and the new
Reader Travel — Travel section built by travelers
Reading — The hunt for intellectuals
Roam-O-Rama — SoCal's best hiking/biking trails
San Diego Beer — Inside San Diego suds
SD on the QT — Almost factual news
Sheep and Goats — Places of worship
Special Issues — The best of
Street Style — San Diego streets have style
Surf Diego — Real stories from those braving the waves
Theater — On stage in San Diego this week
Tin Fork — Silver spoon alternative
Under the Radar — Matt Potter's undercover work
Unforgettable — Long-ago San Diego
Unreal Estate — San Diego's priciest pads
Your Week — Daily event picks
DROP It, DeMaio
On July 9, one day after the Budget and Finance Committee meeting at which councilmember Carl DeMaio accused representatives from San Diego City Employees Retirement System of withholding financial data on the Deferred Retirement Option Program (DROP), this correspondent placed a phone call to the office of David Wescoe, CEO for the retirement system.
A day later, after no response to a request for comment from Wescoe, retirement system communications director Rebecca Wilson called to clear things up.
“[Representatives from the retirement system] would undoubtedly provide data to whomever might conduct a comprehensive…study,” said Wilson in the July 10 phone interview.
The Deferred Retirement Option Program, a plan that allows city employees to receive a lump-sum payment if they choose to enroll and work beyond their retirement age, is once again the target of the mayor’s office as it looks for ways to drop the City’s swelling pension deficit.
During the brief phone call, Wilson emphatically expressed the agency’s willingness to cooperate with the City, but also added that it is not the duty of the San Diego City Employees Retirement System to conduct that study.
“Actually, neither [the retirement system board] nor its actuary is the appropriate party to take the lead in that study. And we have spoken with the mayor’s office on this and they are in complete understanding, at least with that particular aspect.”
As to the allegations from councilmember DeMaio, Wilson added. “We [carbon copied] all councilmembers with that exact memo. Mr. DeMaio has that memo in his office somewhere. It just didn’t quite resonate or it didn’t get to him or whatever. It is important that the record be corrected, that, in fact, we have been very open, and we have no problem with [providing all financial data]. Essentially, we are working with the City, and as this study comes about we will absolutely be giving data.”
Here's something you might be interested in.
DROP It, DeMaio
DROP It, DeMaio
On July 9, one day after the Budget and Finance Committee meeting at which councilmember Carl DeMaio accused representatives from San Diego City Employees Retirement System of withholding financial data on the Deferred Retirement Option Program (DROP), this correspondent placed a phone call to the office of David Wescoe, CEO for the retirement system.
A day later, after no response to a request for comment from Wescoe, retirement system communications director Rebecca Wilson called to clear things up.
“[Representatives from the retirement system] would undoubtedly provide data to whomever might conduct a comprehensive…study,” said Wilson in the July 10 phone interview.
The Deferred Retirement Option Program, a plan that allows city employees to receive a lump-sum payment if they choose to enroll and work beyond their retirement age, is once again the target of the mayor’s office as it looks for ways to drop the City’s swelling pension deficit.
During the brief phone call, Wilson emphatically expressed the agency’s willingness to cooperate with the City, but also added that it is not the duty of the San Diego City Employees Retirement System to conduct that study.
“Actually, neither [the retirement system board] nor its actuary is the appropriate party to take the lead in that study. And we have spoken with the mayor’s office on this and they are in complete understanding, at least with that particular aspect.”
As to the allegations from councilmember DeMaio, Wilson added. “We [carbon copied] all councilmembers with that exact memo. Mr. DeMaio has that memo in his office somewhere. It just didn’t quite resonate or it didn’t get to him or whatever. It is important that the record be corrected, that, in fact, we have been very open, and we have no problem with [providing all financial data]. Essentially, we are working with the City, and as this study comes about we will absolutely be giving data.”
Comments