News Headlines Article

Supes to decide if healthcare funding should go to voters
San Francisco Chronicle

The Board of Supervisors will decide next week whether voters should weigh in on how to tackle the city’s $4.4 billion unfunded retiree healthcare liability. That’s $13,487 per person, in case you’re counting.

Supervisor Mark Farrell’s proposed charter amendment, which is supported by a number of labor unions and business groups, would secure the Retiree Healthcare Trust Fund in large part by prohibiting withdrawals until the city can pay for all its healthcare liabilities.