Pension Problems in California

Many people think San Diego is more fiscally conservative than San Franscisco.Not when it comes to public pensions:

"It's a curious thing," said April Boling, the certified public accountant who led San Diego's Pension Reform Committee last year.

San Francisco's success is largely attributed to an unusual law that goes back more than a century: The city requires voter approval for any pension plan change, including benefit increases.

San Diego Tribune