San Francisco May Vote On Competing Pension Proposals

SAN FRANCISCO (KCBS) – Public Defender Jeff Adachi has submitted over 72,000 signatures to put his pension reform initiative on the November ballot. In addition, San Francisco Supervisors are poised to approve a competing ballot measure Tuesday afternoon.

Stacks of initiatives were brought into the Department of Elections Monday, beating the 5 p.m. deadline. They were collected over the past three months by Adachi’s campaign for pension reform.

The public defender has far more signatures than the 46,000 needed, which he said shows that San Franciscans are concerned about rising pension costs.

”When you’re talking about cutting summer school, senior services, kids’ services, not to mention higher fees and fines, that’s going to resonate with the voters,” said Adachi.

KCBS’ Barbara Taylor Reports:

Tuesday afternoon the supervisors will decide whether to add Mayor Ed Lee’s pension reform proposal to the ballot mix.

Adachi said that his plan saves more money – between $104 million and $140 million each year.

”If we want these systems to work, if we want people to get the pensions they were promised, well we’ve got to start funding them, and that’s what this is all about,” said Adachi.

(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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