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San Diego City Council Reviews Options to Fix Pension Funding Gap
The San Diego Union-Tribune
Sept. 13, 2005
Excerpt: Despite considerable reservations about selling city land, the San Diego City Council approved a package of preliminary proposals yesterday to tackle the billion-dollar deficit in its employee pension system. The council voted 5-1 to accept a report that contains suggestions for raising $600 million to offset the shortfall of at least $1.4 billion.
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