City Attorney Mike Aguirre said that an actuary will likely take the stand next week in the ongoing pension trial to estimate for the presiding the magnitude of the city attorney’s legal challenge.

Aguirre said Joe Esuchanko, the city’s hired actuary, will help assign the costs of certain benefits that the city attorney is attempting to roll back.

The judge has remained undecided about what benefit packages are at stake – tentatively saying a 2000 legal settlement protected much of the pension enhancements Aguirre is challenging – but Aguirre estimates that $500 million of the city’s $1.4 billion pension deficit could be knocked off if his lawsuit is successful.

The pension trial will start up again Monday morning in Superior Court Judge Jeffrey Barton’s courtroom.


Leave a comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.