Statement: “Retirement costs are projected to consume one-third of Los Angeles’s budget by 2015, and half of San Diego’s budget by 2025,” Tad Friend, a reporter for The New Yorker magazine, wrote in a Sept. 5, 2011 article.
Analysis: An article in The New Yorker magazine this month detailed the poisonous pension politics in Costa Mesa, an Orange County community where a city worker committed suicide after receiving a layoff notice in March.
Fact Check: The New Yorker Feeds the Pension Monster
['The_New_Yorker', 'San_Diego', 'Los_Angeles', 'Tad_Friend']