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Board adopts response to civil grand jury 'Pension Tsunami' report after amendment; 8-2 vote
Summary
The San Francisco Board of Supervisors voted to adopt a resolution responding to the Feb. 2010 civil grand jury report 'Pension Tsunami, the billion dollar bubble,' approving an amendment that agrees with recommendation D1 while noting the need for further analysis.
The San Francisco Board of Supervisors voted to adopt a resolution responding to the Feb. 2010 civil grand jury report titled "Pension Tsunami, the billion dollar bubble." The board amended its formal response to state that it "agrees with recommendation D1 and also acknowledges that it would require analysis before implementation," a change moved by Supervisor Chu and seconded by Supervisor Maxwell. The amended resolution passed on roll call, 8-2.
Supervisor Els(s)berg…
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