pension debt

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<p>Stanford pension researchers report that in 2009-2010, the annual service retirement benefit for miscellaneous San Diego City Employees Retirement System (SDCERS) retirees was $39,032, notably higher than the 20-system average ($31,912) and third highest among the state’s 20 largest independent pension systems. For safety retirees, the average annual service retirement benefit was $66,431, again higher than the 20-system average ($64,851) and eighth highest among those systems.</p>