San Jose Pension Estimates Questioned

San Jose Pension Estimates Questioned

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Internal emails and documents show some fuzzy math behind pension cost projections used to sell a fiscal disaster. Read More

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In the city of San Jose, salaries have been slashed, services cut and employees have been shown the door over the past year. It's all in a valiant effort to dodge a potential financial crisis. But is it an exaggeration?

Feb 9, 2012 Share
Unions Call for Pension Investigation

Unions Call for Pension Investigation

Fallout from an NBC Bay Area investigation prompts unions to file a formal ethics complaint against high-ranking San Jose officials, including the Mayor. Read More

Feb 23, 2012 Share
Exclusive: SJ Council Says Show Me the Math

Exclusive: SJ Council Says Show Me the Math

5 City Council members delivered a memo to the Rules Committee today, asking for calculations behind $650 million as a 5-year pension cost projection. Read More

Feb 27, 2012 Share
SEC Complaint Filed Against SJ Mayor

SEC Complaint Filed Against SJ Mayor

More heat put on the Mayor today regarding a $650 million dollar pension projection. City unions have now filed a complaint with the SEC Read More

Feb 29, 2012 Share
No Calculations for $650 Million, Yet

No Calculations for $650 Million, Yet

A memo filed last week asking for calculations behind $650 million pension projection remains unanswered. Read More

Mar 1, 2012 Share
Lawsuit Filed Re: Pension Projections

Lawsuit Filed Re: Pension Projections

Lawsuit claims inaccurate data was used in a retirement cost projection report last June, saying "political motives" were behind the request. Read More

Mar 5, 2012 Share
SJ May Open Books for State Auditors

SJ May Open Books for State Auditors

City of San Jose may be opening their books for a state audit. CA lawmakers representing local districts requested the audit today. Read More

Mar 6, 2012 Share
Pension Reform: Headed to A Ballot Near You

Pension Reform: Headed to A Ballot Near You

Pension reform will now be decided by voters. In an 8-3 vote, San Jose City Council decided their seventh draft of a pension reform measure will be on your ballot. Read More

Mar 7, 2012 Share
State Audit for San Jose

State Audit for San Jose

The Joint Legislative Audit Committee approved an audit request this morning. Read More

Mar 24, 2012 Share
San Jose Pension System Questioned

San Jose Pension System Questioned

NBC Bay Area Investigative Unit digs through thousands of emails and public documents to uncover a potential conflict of interest at City Hall when it comes to information from an independent consultant. Read More

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