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Wednesday, March 7, 2012

Who Wanted To Silence A Common Councillor On Pension Deficit

A member of the city's pension board continuing to be cross examined at the defamation trial of former Common Councillor John Ferguson.

Pension Board trustee Fred Slipp was asked by lawyer Rod Gillis "Who was trying to silence Ferguson" to which Slipp replied  " I don't know".

Slipp was also asked by Gillis whether Ferguson made any direct reference to fraud in his statements about the city's pension plan. Slipp testified there was no direct reference, only the innuendo. 

As to the comparison to the pension problems in San Diego where there was an investigation of fraud, Slipp conceded he didn't know what was happening there until he was told by the former finance commissioner Andrew Beckett.

Gillis is suggesting the Pension Board isn't all that transparent, asking Slipp whether the members of the public can attend its meetings to which Slipp replied "No".

As for all the stories that were circulating about the pension plan's rising deficit, Slipp told the jury everyone has their own perspective.