Pension Administrator David Wescoe said the long-overdue blessing of the retirement system’s 2004 financial statements was granted by outside auditors at Brown Armstrong recently. He said in an interview today that the firm’s opinion letter will not be made public until the entire financial report is published, a task that he expects to be completed in a few weeks.

“We’re not targeting any date, we’re just trying to get it done as soon as possible,” Wescoe said.

The San Diego City Employees’ Retirement System, like the city, has several years worth of audits overdue, although the city’s backlog reaches back to 2003.


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