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Pension Committee's Meetings to Be Private



The committee studying a controversial pension funding provision won't be meeting in public.

The committee, as you may recall, will be looking at a provision known as the corridor that, if eliminated, would lower the city's pension payments by millions. But pension hawks are warning that the move could be akin to the pension underfunding decisions of 1996 and 2002.

Mayoral spokeswoman Rachel Laing confirmed for me that the committee won't be subject to the Brown Act.

Its role is strictly educational/advisory. It has no decision-making power and is not giving a recommendation to anyone with decision-making power on the issue. It's merely studying and presenting findings to educate city officials so they understand the issues and impacts of the actuarial method.

The presentation of findings will be public -- at council committee(s) and/or at full council.


A reader noted to me that it's impossible to know what information is being presented and if that information is being skewed to lead to a desired outcome with a closed-door committee.

-- RANI GUPTA




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