128,112 / 67.58% Yes votes ...... 61,465 / 32.42% No votes

See Also: Index of all Measures

Currently, City employees may retire at age 50 if they have worked for 20 years, or at age 60 if they have worked for 10 years. Generally, an employee's retirement benefits increase with the number of years worked, the employee's age and salary. A budget shortfall has caused the City to lay off employees.

The Proposal:

Proposition F is a Charter amendment that would authorize early retirement of City employees if the employees are in job classifications where individual positions are being eliminated because of the City's budget shortfall. Employees who receive this benefit would be treated as if they had worked three years longer and were three years older. This would allow some employees to retire who are not now eligible. Also, it would increase the retirement pay of employees who are already eligible to retire.

The City would offer early retirement to permanent civil service employees based on seniority, and only if early retirement by that employee would prevent another worker from losing his or her employment with the City.

For those who are not permanent civil service employees, the City would offer early retirement only if the worker is being laid off from City employment.

The number of employees who receive early retirement could not exceed the number of jobs eliminated because of the budget shortfall. This early retirement benefit would be available until June 30, 2005. The Board of Supervisors could extend this benefit until June 30, 2007.

Proposition F would authorize the School District and Community College District to offer these early retirement benefits as well.

Meaning of Voting Yes/No

A YES vote of this measure means:

you want to authorize early retirement of City employees in job classifications where individual positions are being eliminated because of the City's budget shortfall.

A NO vote of this measure means:

you do not want to authorize these early retirement benefits for City employees.