Congressman and mayoral candidate Bob Filner argues the high-profile pension initiative on the June ballot is a fraud. Though proponents tout nearly $1 billion in savings, he says it alone wouldn’t save a nickel.
We’ve previously examined Filner’s claim and explained why it’s possibly true. According to the city’s financial analysis, the initiative’s long-term savings would come from a freeze in pensionable pay that isn’t guaranteed to happen. The savings would depend on the City Council’s future actions.
However, during some debates and media interviews, Filner has gone a step further and claimed the initiative would actually cost taxpayers $100 million in the first few years. Could the initiative dig into taxpayers’ pockets in the short-term and the long-term?
In this edition of Fact Check TV, Andrew Donohue and Scott Lewis explore that question and the accuracy of Filner’s claims. For an in-depth look, you can read our full analysis here.
Hungry for more Fact Check TV? You might also enjoy these recent episodes:
New episodes of Fact Check TV appear on NBC 7 San Diego every Friday during the 6 p.m. newscast and our website the following Monday. If you want us to Fact Check a claim, just send me an email explaining the statement and why it merits review.
Like VOSD on Facebook.