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FOR IMMEDIATE RELEASE: Filner’s Risky Pension Borrowing Plan to Cost Taxpayers $335 Million

FOR IMMEDIATE RELEASE: Filner’s Risky Pension Borrowing Plan to Cost Taxpayers $335 Million

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Published by Tony Manolatos
SAN DIEGO – October 8, 2012: Bob Filner has placed a heavy emphasis on pension obligation bonds as a way to address San Diego’s skyrocketing pension costs. However, the large coalition of pension reform advocates who successfully passed the Proposition B Comprehensive Pension Reform initiative in June are calling attention to a risky and costly plan proposed by Filner, who is running for mayor against Carl DeMaio.
SAN DIEGO – October 8, 2012: Bob Filner has placed a heavy emphasis on pension obligation bonds as a way to address San Diego’s skyrocketing pension costs. However, the large coalition of pension reform advocates who successfully passed the Proposition B Comprehensive Pension Reform initiative in June are calling attention to a risky and costly plan proposed by Filner, who is running for mayor against Carl DeMaio.

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Published by: Tony Manolatos on Oct 08, 2012
Copyright:Attribution Non-commercial

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05/13/2014

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