US - City Attorney Michael Aguirre has published a 27 page report on the office of the city attorney site, stating his case to become the chief legal advisor for the San Diego City Employee Retirement System (SDCERS).
The final decision regarding who the chief legal advisor to San Diego’s pension system lies with Superior Court Judge Jeffrey Barton, who had last week ruled SDCERS was independent of the city and should have its own legal representation.
In the publicly available report, Aguirre (pictured) argued that San Diego voters had “made a political decision in 1931 to ensure the city attorney would advise all city departments, including the retirement system,” so that counsel for those entities would remain independent from any appointing authority.
“Based on this history, the city attorney has the authority to reassert his right to act as the independent legal counsel for the SDCERS Board,” he said.
Aguirre has been involved in a year-long bid to become the chief legal advisor, claiming the pension system lacked the public oversight to keep it accountable and. He also claimed that decisions leading to the city's current $2bn deficit were made approved by an in-house attorney at SDCERS.
By Damian Clarkson
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.