San Francisco Health and Pension Benefits, Proposition B (June 2008)
It increases the years of service required for new employees to qualify for subsidized health benefits at retirement, and adjusts the formula for calculating retiree health benefits for new employees.
Proposition B also increases the cost-of-living adjustments for city employees who retire after January 10, 2009. The measure was strongly supprted by labor unions.
The question on the ballot:
|Proposition B: "Shall the City increase the years of service required for new City employees and certain employees of the School District, the Superior Court and the Community College District to qualify for employer-funded retiree health benefits, establish a separate Retiree Health Care Trust Fund to fund retiree health care costs, and increase retirement benefits and retirement cost-of-living adjustments for certain City employees?"|
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