Cities Face Growing Pension Problem More boomers are retiring, but the money behind the funds is tied up in toxic assets. San Diego's pension administrator discusses how his city is dealing with the growing problem.
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Cities Face Growing Pension Problem

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Cities Face Growing Pension Problem

Cities Face Growing Pension Problem

Cities Face Growing Pension Problem

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City pension funds are in a bind; more boomers are retiring, but the money behind the funds is tied up in toxic assets. Alex Cohen talks to David Wescoe, San Diego's pension administrator, about how his city is dealing with the growing problem.