DeMaio inflated claim of pension savings
Thursday, May 17, 2012
by Craig Gustafson
U-T San Diego
May 17, 2012
As he campaigns for San Diego mayor, City Councilman Carl DeMaio has overestimated — by nearly double — the lifetime value of the public pension he turned down for his council tenure.
In debates and a Republican mailer, DeMaio says he “gave up a pension worth $800,000.” The actual value of his rejected council pension would have been about $428,000, or 46 percent less, according to an analysis by U-T Campaign Watch.