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Jenny Jenny Who Can I Turn To?

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— February 22, 2008 10:38 a.m.

San Diegans for City Hall Reform pushes more authority for mayor

JF, I disagree. My point with reducing (or eliminating) pensions is not intended to pay less in total compensation, but to force the city to openly and honestly pay the employees what they are supposed to pay at the time they are suppose to pay it. Back loading pension benefits and then underfunding them is a ponzi scheme that will (and has) led to financial problems. Saying that LA makes X% and San Francisco makes Y% while San Diego only pays Z% is irrelevant to me. What I am interested in is every year saying we have a set payroll budget to divide among the employees. If you want to argue that firefighters are underpaid, then the city needs to reduce the amount of employees or increase revenue. Pretending that we can pay more with the same revenue by underfunding future benefits can NEVER be allowed, yet that is what has happened. The unions (firefighters, too) colluded with the city to allow this to happen, thinking that the city and/or the courts would bail them out in the end by forcing the taxpayers to pay more than they had agreed to pay. You say that the city is at fault for not making payments. I say that the unions are equally at fault for making an agreement they knew the city could not pay for with the revenue they had. They knowingly and intentionally put the union members pension fund at risk. I don't think the unions should be bailed out by the taxpayers for taking that position.
— February 21, 2008 3:05 p.m.

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