San Francisco Chamber of Commerce wants compromise on dueling pension measures 

In the most cantankerous issue to face San Francisco in a long time, it’s good to know that not everyone is taking sides.

The San Francisco Chamber of Commerce, which represents 1,500 local businesses and tends to have an opinion on every politically charged issue, is urging “collaboration” on two dueling pension reform measures going to the November ballot.

The Chamber sent out a release Thursday calling on Mayor Ed Lee, the Board of Supervisors and Public Defender Jeff Adachi to work together and reach a compromise on the two measures.

Adachi has been clear that he would pull his measure if he thought the proposal cooked up by Lee, financier Warren Hellman and unions underwent significant change before being approved by the Board of Supervisors. Adachi’s measure is estimated to save as much as $140 million while Lee’s would save between $60-$80 million.
 
“Voters deserve one clear and comprehensive measure to reform The City’s pension system,” said Steve Falk, president of the San Francisco Chamber of Commerce.


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Brent Begin

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