By:
Jeff Adachi and Craig Weber
04/24/11 9:00 PM
With pension costs expected to rise by$400 million over the next five years, San Francisco can no longer afford to kick the can down the road on pension reform. Numerous reports, including those by The City’s Controller and Civil Grand Jury, have found that pension costs will continue to escalate unless something is done. These increases will require city services to be slashed and more fines and fees paid by residents to keep up with pension costs.
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