The head of San Jose's underfunded public pension program will step down just as the city votes on plans to change employee pension benefits.
By Andy Stonehouse|May 18, 2012 at 08:15 AM
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The head of one of California’s most contentious retirement programs has decided to retire himself after five controversial years, according to the San Jose Mercury News.
Russell Crosby, director of San Jose’s civic retirement program, leaves after a protracted struggle between unionized workers and and Crosby’s own attempts to radically retool a substantially underfunded and critically mismanaged retirement system.
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