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Auditor Mary Hull Caballero

Promoting open and accountable government

1989 FPDR Change

This measure appeared on the November 7, 1989 General Election Ballot
CAPTION: Charter Amendment Revising Fire and Police Pension and Disability Plan
QUESTION: Shall the City Charter be amended to reform the Fire and Police Disability, Retirement and Death Benefit Plan?
SUMMARY: Reforms plan for new fire and police hires and present employees who choose it. Improves retirement and survivors benefits. Establishes five year vesting period. Restricts and reduces disability benefits. Allows benefit changes required by law. Restricts adjustments of retirement and survivor benefits to percentage adjustment given fire and police employees in retirement system. Eliminates employee contributions to plan. Increases property taxes collected within existing rate levy by approximately $.39 per $1,000 of assessed valuation. City guarantees to pay full benefits if levy becomes insufficient.
Read full text of Auditor's Pamphlet , including charter language.