When San Diego leaders sold the construction of Petco Park to city voters 13 years ago, they told them the development and revitalization of downtown would make the deal about “more than a ballpark.”
Thursday, backers of a ballot measure to replace pensions with 401(k)s for new city employees except police officers released long-awaited financial data about the plan and made a similar pitch: The ballot measure is more than a 401(k).
“People keep talking about this as the move to the 401(k),” April Boling, a local accountant who supports the initiative, said at a morning press briefing. “It’s kind of a simple way, I think, for the public to look at it. But this is so much more than that.”