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No San Francisco is underfunded and they've been added to by Voter initiatives. They also suffer from issues where they've had to increase pension obligations a
by mikeryan 6y ago
No San Francisco is underfunded and they've been added to by Voter initiatives. They also suffer from issues where they've had to increase pension obligations as the Cost of Living has increased at a greater rate than elsewhere.
A few years old...
https://www.bizjournals.com/sanfrancisco/news/2017/07/11/san-francisco-pension-liability.html https://www.bizjournals.com/sanfrancisco/news/2017/07/11/san...
That's the pensions. SF public salaries are also likely 50 to 100% higher than in Chicago.