Questioning Pensions - NBC Bay Area

An NBC Bay Area investigative series examines the numbers behind San Jose’s retirement costs

Friday, Apr 27, 2012 at 07:37 AM PDT

State Audit for San Jose

State Audit for San Jose

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

NBC Bay Area Investigative Reporter Jenna Susko examines the fuzzy math behind San Jose’s projected retirement costs and brings you the fallout from our report. It all started with the five-year-projection -- $650 million -- an estimate the city’s Retirement Services Director Russell Crosby told NBC Bay Area was “off the top of my head.” Stay tuned as The Unit continues to uncover the truth behind the numbers.
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