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San Francisco Retirees Get Voter-Approved Pension Cut Overturned
CalpensionsLink to more items from this source
Apr. 27, 2015
"Reversing a superior court ruling, an appeals court overturned part of a voter-approved San Francisco pension reform in 2011 that ended higher payments to retirees when investments have 'excess earnings.' But the feisty retiree group, Protect Our Benefits, is unhappy because the appeals court ruled higher payments can be ended for city workers who retired on or before Nov. 5, 1996, when the supplemental cost-of-living adjustment was first approved by voters."

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