San Diego Pension payment tinkering defended

San Diego Union Tribune reports:

San Diego pension officials yesterday defended their decision to study accounting changes that could shave $50 million off of the city's estimated $225 million payment into the retirement fund next year.

Several critics, including City Councilman Carl DeMaio, lashed out at the board for broaching the subject of loosening formulas for funding future pension obligations.

“That's like a married man saying 'Hey, I don't intend to cheat on my wife, but I'm just going to go out on a few first dates with some attractive women,' ” DeMaio said.

The accounting changes would provide short-term savings, but could result in higher payments in later years.

Should government run health care after reading this one???