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
Pension settlement pending
City to pay former board members another $1.18 million for legal fees
San Diego's fight against having to pay legal fees for six former pension-board members accused of raising benefits, including their own, while reducing the amount the city pays into the pension system, is over.
On Tuesday, July 1, San Diego City Council members will finalize a $1.18 million settlement agreement with former boardmembers Cathy Lexin, Ronald Saathoff, and Terri Webster to pay for legal fees accrued in a case brought by the U.S. attorney’s office, bringing the city's total payout to nearly $7 million.
"The parties have reached a proposed settlement that still needs to be approved by the city council in open session," says Michael Giorgino, spokesperson for city attorney Jan Goldsmith.
In January of this year, the state supreme court refused to review a court of appeals decision that required the city to pay the legal costs amassed by boardmembers in a criminal case filed by the district attorney. That case cost the city $5.4 million.
"The board members were not accused of theft-related crimes; the City was not a victim, but rather solicited the approval of [the second pension agreement]; the board members based their defense request on a resolution the City passed to specifically provide them with a defense to any claim or lawsuit arising from their approval of [pension agreement]; the City has never found the board members acted with fraud or outside the course and scope of their employment; and the board members' approval...has effectively been determined not to be criminal," reads the December 23, 2013, judgement from San Diego Superior Court judge William Dato.
Adding the two cases, the city's total payment will amount to nearly $7 million.
The $1.18 million payout, according to a city staff report, will come from the Public Liability Fund.
The $7 million represents a small fraction of the city's pension problem. The 2002 decision by Lexin and others to increase benefits while decreasing payments resulted in an estimated $2 billion dollar pension deficit.
Here's something you might be interested in.
Pension settlement pending
City to pay former board members another $1.18 million for legal fees
Pension settlement pending
City to pay former board members another $1.18 million for legal fees
San Diego's fight against having to pay legal fees for six former pension-board members accused of raising benefits, including their own, while reducing the amount the city pays into the pension system, is over.
On Tuesday, July 1, San Diego City Council members will finalize a $1.18 million settlement agreement with former boardmembers Cathy Lexin, Ronald Saathoff, and Terri Webster to pay for legal fees accrued in a case brought by the U.S. attorney’s office, bringing the city's total payout to nearly $7 million.
"The parties have reached a proposed settlement that still needs to be approved by the city council in open session," says Michael Giorgino, spokesperson for city attorney Jan Goldsmith.
In January of this year, the state supreme court refused to review a court of appeals decision that required the city to pay the legal costs amassed by boardmembers in a criminal case filed by the district attorney. That case cost the city $5.4 million.
"The board members were not accused of theft-related crimes; the City was not a victim, but rather solicited the approval of [the second pension agreement]; the board members based their defense request on a resolution the City passed to specifically provide them with a defense to any claim or lawsuit arising from their approval of [pension agreement]; the City has never found the board members acted with fraud or outside the course and scope of their employment; and the board members' approval...has effectively been determined not to be criminal," reads the December 23, 2013, judgement from San Diego Superior Court judge William Dato.
Adding the two cases, the city's total payment will amount to nearly $7 million.
The $1.18 million payout, according to a city staff report, will come from the Public Liability Fund.
The $7 million represents a small fraction of the city's pension problem. The 2002 decision by Lexin and others to increase benefits while decreasing payments resulted in an estimated $2 billion dollar pension deficit.
Comments