Saturday, June 23, 2012

Villaraigosa blocks board's nominee for head of pension system

The mayor rejects a high-level city official for leadership of the public safety retirement fund and says he wants a new pool of candidates for the post. One board member calls the decision odd.

In the latest sign of tension between Los Angeles City Hall and its pension systems, Mayor Antonio Villaraigosa on Friday blocked a high-level city official from becoming the newest head of the city's public safety retirement fund.


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