Examining the numbers behind San Jose's retirement costs
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San Jose Pension Estimates Questioned
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?
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
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
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
No Calculations for $650 Million, Yet
A memo filed last week asking for calculations behind $650 million pension projection remains unanswered. Read More
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
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
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
State Audit for San Jose
The Joint Legislative Audit Committee approved an audit request this morning. Read More
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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“I think the ($650 million) number was used to convince the citizens of San Jose that we need to do a very extreme reform on pensions.”
—Phyllis Dawkins-Thames
Local 21 member
—Phyllis Dawkins-Thames
Local 21 member
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