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Rules committee forwards charter amendments on airport police retirement after FAA permissibility and cost questions
Summary
The Rules Committee advanced two charter amendment drafts to let the Board seek to move certain airport police officers from CalPERS into the San Francisco Employees’ Retirement System, but members and experts warned the FAA could declare airport payments impermissible and that final costs remain uncertain.
The San Francisco Board of Supervisors Rules Committee on Thursday moved two charter amendment drafts forward that would allow the city to transfer certain airport police officers and related assets and liabilities from the California Public Employees’ Retirement System (CalPERS) into the San Francisco Employees’ Retirement System (SFERS). The committee scheduled further consideration at a special meeting on July 10.
The proposals, presented as Item 3 (the cost-neutrality draft) and Item 4 (a draft clarifying an exemption to cost-neutrality for the airport police contract amendment), would expand the Board’s authority to amend retirement contracts and to include time worked as airport police in SFERS benefit calculations.
Claire Murphy, executive director of SFERS, told the committee that records for many officers are held at CalPERS and that the agency lacks the detailed individual data — current salaries,…
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