The Speaker of the House Voices Support to ‘Keep the Promise’ and Restore Benefits to Thousands of San Francisco Retirees
SAN FRANCISCO – The campaign for Proposition A, the San Francisco Retiree Supplemental Cost of Living Adjustment Charter Amendment, is pleased to announce that Congresswoman and Speaker of the House Nancy Pelosi has voiced her support for the ballot measure.
“All workers deserve a secure and dignified retirement,” said Congresswoman Pelosi. “We must keep the promise to our retired City workers whose pension benefits were taken away. Proposition A will right this wrong and restore their hard-earned benefits. Please join me in supporting Proposition A.”
Speaker Pelosi joins a varied group of organizations and individuals that have voiced support for Proposition A. Recent endorsements have come from United Educators of San Francisco, the San Francisco Republican Party and Senator Dianne Feinstein.
Additional supporters include the San Francisco Labor Council, the SFDCCC, the Latinx Democratic Club, Fire Fighters Local 798, the San Francisco Police Officer Association, SEIU 1021 and Board of Supervisor lead sponsor Ahsha Safai
Because of changes to the San Francisco City Charter more than a decade ago, approximately 4,500 city retirees have had their pensions unfairly compromised. These changes stripped away their supplemental Cost of Living Adjustment (COLA), and forced many to live on pensions of as little as $22,000 a year. The Charter Amendment will restore the supplemental COLA benefit payments to members of the San Francisco Employees’ Retirement System who retired before November 6, 1996.
“We are grateful for Speaker Pelosi’s endorsement,” said Fred Sanchez, co-chair of the campaign to restore retiree benefits. “Her support highlights just how important it is for us to pass Prop A.”
For more information, visit https://yesonpropa.net/