S.F. Voters OK Measure To Rework Eligibility for Retiree Health Benefits
On Tuesday, San Francisco voters overwhelmingly supported Proposition B, which will increase the number of years city employees must work to qualify for retirement benefits, the San Francisco Chronicle reports (Lagos, San Francisco Chronicle, 6/4) (News low in story).
San Francisco faces a liability of $4.2 billion over 30 years in retiree health care costs for current and former workers (California Healthline, 2/6).
The measure led with 73% support, according to the Chronicle (San Francisco Chronicle, 6/4).