Will the city of San Diego switch from pensions to 401(k)-style plans for all new city employees except police? What’s the difference between a 401(k)-style plan and a defined benefit pension plan?

In the latest edition of San Diego Explained, our Scott Lewis and NBC San Diego’s Catherine Garcia take to Legoland to break down the recently proposed 401(k) ballot measure and what it could mean for city finances and city workers’ retirements.

Here’s the video, produced in partnership with NBC San Diego:

View more videos at: http://www.nbcsandiego.com.

Read more about the proposed ballot measure, Lewis’ take on it and how aspirants in the 2012 mayoral race feel about it.

Please contact Dagny Salas directly at dagny.salas@voiceofsandiego.org or 619.550.5669 and follow her on Twitter: twitter.com/dagnysalas.

Dagny Salas

Dagny Salas was web editor at Voice of San Diego from 2010 to 2013. She was an investigative fellow at VOSD from 2009 to 2010.

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