San Diego’s Fiscal Illusions:Three Lessons to Be Learned

Jun Peng

Municipal Finance Journal, 2004, vol. 25, issue 3, 144 - 146

Abstract: The author describes three important lessons in pension fund management to be learned from the San Diego report. He also puts the San Diego experience in historical perspective, however, and finds that the 1990s were a unique time for pension funds and that San Diego was not alone in its mistakes.

Date: 2004
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