File #: 220640    Version: 1 Name: Charter Amendment - Retiree Supplemental Cost of Living Adjustment; Retirement Board Contract with Executive Director
Type: Charter Amendment Status: Passed
Introduced: 5/24/2022 In control: Rules Committee
On agenda: Final action: 7/19/2022
Enactment date: Enactment #:
Title: Charter Amendment (First Draft) to amend the Charter of the City and County of San Francisco to eliminate the full funding requirement for supplemental cost of living benefit payments to members of the San Francisco Employees’ Retirement System who retired before November 6, 1996, subject to a monthly monetary cap for retirees and their qualified survivors and beneficiaries in years that the Retirement System is not fully funded; adjust the base retirement allowance for these retirees, or their qualified survivors and beneficiaries, to account for supplemental cost of living adjustments not received in the years 2013, 2014, 2017, 2018 and 2019; and authorize the Retirement Board to enter into an individual contract with any Retirement System executive director hired on or after January 1, 2023; at an election to be held on November 8, 2022.
Sponsors: Ahsha Safai, Myrna Melgar, Aaron Peskin, Rafael Mandelman, Shamann Walton, Gordon Mar, Hillary Ronen, Dean Preston, Matt Dorsey
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. CEQA Referral 053122, 4. Referral CON 053122, 5. Referral FYI 053122, 6. CEQA Determination 060622, 7. SFERS Cost Estimate 061522, 8. SFPERS Report 062322, 9. Comm Pkt 062922, 10. Controller's Costing Analysis 06282022, 11. co-sponsor request 062930, 12. Board Pkt 071222, 13. Board Pkt 071922, 14. Transmitted to Elections 072922
Legislation Details
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