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Administration September 7, 2006
Fourth Trustee of SDCERS Resigns
July 21, 2005 (PLANSPONSOR.com) - Thomas Page, a
trustee for the San Diego City Employees' Retirement System
has resigned, citing personal reasons "exacerbated by the
unsupportive political/legal environment" surrounding the
city's pension system scandals.
Reported by Rebecca Moore
Page is the fourth trustee to resign on the basis of a hostile legal environment, according to a news report. Some have also accused city attorney Michael Aguirre of making personal legal threats against them. A California judge denied the pension board’s request for a restraining order against Aguirre (See CA Judge Refuses San Diego Pension Board Restraining Order Request ).
In May the District Attorney’s Office charged six former and current trustees with possible conflict of interest violations (See Law Firm: Confliction of Interest Violations Probable at SD Pension Board ).
Since a new group of seven trustees was appointed by former mayor Dick Murphy, the battle has heated up between the city and the pension board over the refusal to waive its attorney-client privilege and hand over key documents needed for the city’s 2003 and 2004 audits. Some city council members have said that trustees who do not vote to waive the privilege should be replaced with trustees who will, the news report said.
For more details of San Diego’s pension problems see San Diego DA Kicks Off Pension Probe .