Time for San Diego to Confront Unfunded Retiree Health, Pension Liabilities Head-On

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[Opinion]

2/6/2004: Time for San Diego to Confront Unfunded Retiree Health, Pension Liabilities Head-On (The San Diego Union-Tribune)

Excerpt: When Moody's Investors Service this week downgraded San Diego's credit outlook from stable to negative, it sounded a klaxon that no longer can be ignored. Keeping the retirement system solvent ... will consume an alarming percentage of the city's general fund for years to come.

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