Surprise, surprise: Public Defender Jeff Adachi seems to believe the civil grand jury’s findings only strengthen his move to reform pensions in San Francisco.
“The grand jury’s findings today, that San Francisco’s pension system needs to be reformed, underscores the urgent need for the initiative we are trying to put on the ballot in November,” Adachi said. “Requiring all city employees to contribute to their pensions will help avoid the train wreck of more taxes, higher fees and inevitable layoffs. We can’t pass these financial burdens to our kids.
“We must act now and sign the petitions before July 6 to get pension reform on this November’s ballot.”
The grand jury report concluded that “unless serious reform is undertaken, our children and grandchildren, who were too young to vote at the time, may be saddled with the costs of benefits of former public employees who bargained in good faith.”
Adachi has drafted a pension reform measure that could add $170 million to San Francisco’s budget as soon as it is implemented. Adachi and his team have been gathering signatures to qualify the measure for the November ballot that would require employees of the city and county of San Francisco to contribute to their pensions and contribute more for dependent health care.