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Land Swap Surfaces As Possible Fix for Underfunded San Diego Governmental Pension Plan
The San Diego Union-Tribune
Feb. 25, 2004
Excerpt: The Pension Reform Committee is considering moving city real estate assets into the city's employee retirement system or issuing bonds to cover the fund's debts, April Boling, the panel's chairwoman, said yesterday. Politicians and others have suggested that both proposals wouldn't address the underlying problem that the system is severely underfunded.
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