Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Pensions Airport Police topic

No spam. Unsubscribe anytime.

Committee forwards retirement-transfer drafts for airport police; liability cap discussed

San Francisco Board of Supervisors Rules Committee · July 10, 2007
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Supervisor McGoldrick presented draft charter amendments to allow transfer of certain airport police assets and liabilities to the San Francisco Employees' Retirement System and to include airport police service time for retirement calculations. The committee forwarded the items and identified an actuarial cap of $670,000 as a potential limit; sponsors said final language will be refined at the full Board.

The San Francisco Rules Committee forwarded two charter amendment drafts that would authorize the Board of Supervisors to amend contracts with the Public Employees' Retirement System to transfer assets and liabilities of certain airport police officers to the San Francisco Employees' Retirement System, and would include time worked as an airport police officer when calculating retirement benefits for police department employees.

Supervisor McGoldrick summarized prior discussions and requested clarification about whether the committee could finalize amendatory language at Rules or if changes must wait for the full Board. Deputy city attorneys and supervisors confirmed that July 17 is the last opportunity at the full Board to make amendments, with a narrow exception allowing one charter amendment on July 24.

Actuarial and scope details: supervisors referenced varying counts of affected officers (with numbers discussed including a working estimate near 62 and an upper universe of 94). Supervisor Peskin relayed actuarial work estimating the total liability at about $670,000 and proposed a city contribution cap at that amount, with any excess to be funded by the affected parties or other arrangements.

Procedure and next steps: the committee agreed to forward the relevant draft(s) to the full Board (sending draft number 2 forward and tabling item 1 per the Chair’s direction) and asked city attorneys and stakeholders to refine the proposed cap and language for full Board consideration.

No final transfer or contractual change was executed at committee; the matter will proceed to the full Board for further debate and potential amendment.