{"id":2920,"date":"2011-07-06T21:07:02","date_gmt":"2011-07-07T05:07:02","guid":{"rendered":"http:\/\/www.fogcityjournal.com\/wordpress\/?p=2920"},"modified":"2017-05-28T15:53:12","modified_gmt":"2017-05-28T23:53:12","slug":"mayor-lee-rejects-adachi-overture-for-pension-reform-compromise","status":"publish","type":"post","link":"https:\/\/www.fogcityjournal.com\/wordpress\/2920\/mayor-lee-rejects-adachi-overture-for-pension-reform-compromise\/","title":{"rendered":"Mayor Lee Rejects Adachi Overture
for Pension Reform Compromise"},"content":{"rendered":"
\"\"

San Francisco Public Defender Jeff Adachi held a press conference today on the steps of City Hall to announce he has collected 60,000 signatures for his pension reform proposal and to offer a compromise to Mayor Ed Lee. Photo by Luke Thomas.<\/p><\/div>\n

By Luke Thomas<\/a><\/strong><\/p>\n

July 6, 2011<\/p>\n

San Francisco Mayor Ed Lee today rejected an offer of compromise from Public Defender Jeff Adachi over pension reform<\/p>\n

Adachi, who is preparing to submit a 65,000-signature petition to the Department of Elections by July 11 to qualify his pension reform proposal for the November ballot, said during a press conference today – and in an email addressed to Mayor Lee – he is willing to withdraw his initiative if the Mayor and the Board agree to a compromise over annual savings.<\/p>\n

\u201cMayor Lee spent several months crafting a plan that will bring real pension reform and real savings for San Franciscans,\u201d said Mayor Lee spokesperson Christine Falvey in response to FCJ inquiry. \u201cNow that Mr. Adachi is coming in asking for a last minute change is indicative that there are problems with his proposal. Mayor Lee’s proposal has been thoroughly vetted. Mr. Adachi’s claims of savings are, at best, questionable.\u201d<\/p>\n

\u201cMayor Lee has no plans to amend his real reform pension proposal based on Mr Adachi’s email today,\u201d Falvey added.<\/p>\n

Both Adachi and the Mayor are sponsoring competing pension reform proposals that are expected to go before voters in November in an effort to correct a structural imbalance between pension costs and city revenues, an imbalance which has forced the city to cut city services and layoff public workers year after year to make up for spiraling pension costs.<\/p>\n

As they stand, the mayor\u2019s \u201cconsensus\u201d pension reform proposal seeks average savings over the next four years of $76 million per year, while Mr. Adachi\u2019s proposal, the Reform Act, seeks up to $128 million in average annual savings over the same period. Over ten years, Mayor Lee\u2019s proposal would save the city $750 million; Adachi\u2019s proposal would save $1.25 billion.<\/p>\n

In the compromise offer, Adachi said he would withdraw his ballot initiative if the Mayor and Board of Supervisors agree to increase the average annual savings in the mayor\u2019s pension reform proposal from $76 million to $110 million.<\/p>\n

Asked why he is offering a compromise, Adachi told FCJ, \u201cWe\u2019re not trying to merge the proposals.\u00a0 We\u2019re trying to change the mayor\u2019s proposal in a way that would make our proposal unnecessary.\u201d<\/p>\n

\u201cI think it is necessary for our city to come up with one proposal, but it\u2019s not in our interests to support a reform measure that\u2019s phony,\u201d Adachi added, referring to the mayor\u2019s proposal. \u201cAll I care about is that we get this done right so that we don\u2019t have to come back again. I think that\u2019s in everyone\u2019s interests.\u201d<\/p>\n

Upon learning that the mayor rejected his overture for a compromise, Adachi told FCJ, “Mayor Lee says his proposal is better because it has been vetted, but by his own admission, his proposal doesn’t begin to come close to solving the pension problem.\u00a0Two months ago he said that we needed a $300-$400 million annual solution, and he’s now introduced a proposal that will save\u00a0less than one-seventh of that in its first year.\u00a0 We’ve offered a compromise that will save close to $100 million a year, and will save over $50 million more a year that can go towards protecting basic services for residents.”<\/p>\n

Since his offer has been rebuffed, Adachi said he will file his signature petition as planned.<\/p>\n

\"\"<\/strong><\/p>\n

More Info<\/strong><\/p>\n

Mr. Adachi’s letter to Mayor Lee:<\/p>\n

Dear Mayor Lee,<\/em><\/p>\n

As you know, San Franciscans for Pension Reform, a citizen-led organization of business and community leaders, has been collecting signatures to place the San Francisco Pension Reform Act on the November ballot. We have already collected 60,000 signatures from registered voters and plan to collect 5,000 more before the July 11th deadline.<\/em><\/p>\n

As you are aware, our City’s pension costs are projected to rise by $400 million in the next four years. We believe that the current proposal, which you introduced, must be strengthened so that we don’t have to come back again and fix this problem in a few years. When it comes to pension reform, we need to do it once, and do it right.<\/em><\/p>\n

I am submitting a compromise proposal to you that will increase the savings to a level higher than your plan. While the savings are less than the Reform Act, the cost savings from employee contributions will increase from $56-$91 million to $97-$123 million. This plan will help protect basic services, jobs and will ensure that our pension system is sustainable.<\/em><\/p>\n

If these changes are made, San Franciscans for Pension Reform will be willing to withdraw our measure and join with your measure. Please contact me at [phone # redacted] if you have any questions. I look forward to hearing from you.<\/em><\/p>\n

Sincerely,<\/em><\/p>\n

Jeff Adachi.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Both Adachi and the Mayor are sponsoring competing pension reform proposals that are expected to go before voters in November in an effort to correct a structural imbalance between pension costs and city revenues, an imbalance which has forced the city to cut services and layoff city workers year after year to make up for spiraling pension costs.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[222,17],"tags":[],"class_list":["post-2920","post","type-post","status-publish","format-standard","hentry","category-news","category-politics"],"yoast_head":"\nMayor Lee Rejects Adachi Overture for Pension Reform Compromise - Fog City Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fogcityjournal.com\/wordpress\/2920\/mayor-lee-rejects-adachi-overture-for-pension-reform-compromise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mayor Lee Rejects Adachi Overture for Pension Reform Compromise - 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