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Extracted from Consolidated Report
This investigation was originally published as part of a larger consolidated report containing multiple investigations. View the consolidated PDF for the complete document.
Score: -4
(0/0/4)
San Francisco County Grand Jury
• 2016-2017
Retirement System Reports
2 pages
⚠️ Translation Notice: This content has been automatically translated. The original English text is the official version. Translation may contain errors.
⚠️ Este contenido ha sido traducido automáticamente. El texto original en inglés es la versión oficial. La traducción puede contener errores.
Findings and recommendations have not been extracted yet.
The full report content may still be accessible via the PDF link above.
Agency Responses 4
Government agencies' official responses to this report's findings and recommendations. Click on a response to see the structured breakdown.
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The SF Retirement System
October 12, 2017
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19 pages
• 6 responses
•
Score: -2
(+0, 0, -2)
View Details ▾
6 responses to findings and recommendations
F1
The broader public is barely aware of the PS framework, diminishing its utility and hampering the SFG’s ability to communicate progress to San Franciscans. ❖ RECOMMENDATION 1: In order to ensure broader public access to the PS platform, and consistent with the practice of other leading cities, a clear link to the PS website should be placed on the SFG website homepage, the Office of the Mayor’s homepage and the Board of Supervisor’s homepage by January 1, 2018 (P).
Response: Disagree
Score: -1
F1 That there are multiple causes for the City’s Mayor disagree, partially We agree that there are multiple drivers of the City's long term pension System- Increasing $5.81 billion debt to its Retirement System, obligations. However, SFERS is among the top performing Understanding & including investment losses ($1.4 billion), a and well-funded public pension plans in the United States. We are confident Adding Voter Oversight court ruling on Supplemental Cost of Living that, over the long term, the assets in the SFERS Trust will be sufficient to pay Adjustments (COLAs) in the 2011 Proposition t...
R1
In order to ensure broader public access to the PS platform, and consistent with the Office of the Mayor practice of other leading cities, a clear link to the PS website should be placed on the Board of Supervisors SFG website homepage, the Office of the Mayor’s homepage and the Board of Supervisor’s homepage
Response: Unknown
Score: 0
R1.1 That the Mayor and Board of Supervisors fully disclose the financial details of any Retirement The recommendation has been The Retirement Board will continue its long-standing practice for any and all future System- future retirement benefit increases or decreases to the public Board implemented City ordinances or City Charter amendments that impact retirement benefits. The Increasing Retirement Board's consulting actuary will prepare and present a cost-effect report to Understanding & the Board of Supervisors, as required under the City Charter. Each report will be Adding Voter prepared ...
F2
Despite the Mayor’s role as the accountable executive of the SFG, the Mayor does not directly report performance results to the public, as is done in other leading cities. ❖ RECOMMENDATION 2.1: Consistent with other leading cities such as New York, beginning in 2018 the Mayor should present an annual SFG Performance report that 20 ACCELERATING SF GOVERNMENT PERFORMANCE concisely communicates SFG performance and progress to the public; the public transmission of which should consist of: i. Hostin...
Response: Disagree
Score: -1
F2 1) That the City’s Retirement System diligently Retirement Board disagree, partially SFERS is among the top performing and well-funded public pensions plans in System- Increasing protects the retirement-related interests of the United States and disagrees with the finding that the "Retirement System Understanding & the City’s employees and retirees; 2) that the remains seriously underfunded.” The Retirement Board is confident that, Adding Voter Oversight Retirement Board has a majority of members over the long term, the assets in the SFERS Trust will be sufficient to pay the who are also me...
R2
1 Consistent with other leading cities, beginning in 2018 the Mayor should present an annual SFG Performance report that concisely communicates SFG performance and progress to the public; the public transmission of which should consist of: i. Hosting a public press conference, the first of which would occur not later than January 31, 2019, announcing the SFG’s annual performance. Office of the Mayor ii. Posting the SFG Performance report, not later than January 31, 2019, on the Board of Supervis...
Response: Unknown
Score: 0
R2.1 That the Board of Supervisors establish a permanent Retirement System Oversight Controller The recommendation will not be This recommendation should be directed to the Mayor and Board of Supervisors, and System- Committee to develop a comprehensive, long-term solution for the Retirement implemented because it is not not the Controller's Office. In our role as financial advisor, the Controller's Office will Increasing System that is fair to both employees and taxpayers, and present it to the voters in warranted or reasonable support whatever efforts policymakers put in place to study the h...
R3
1 In consultation with other SFG entities and community groups, the Office of the Office of the Controller should propose a narrowed set of PS indicators, likely not exceeding 30 Controller total, by October 1, 2017; the Board of Supervisor’s GAO Committee should be Office of the Mayor invited to comment on the revised indicators prior to submission to the Office of the Board of Supervisors Mayor for review and approval. ACCELERATING SF GOVERNMENT PERFORMANCE
Response: Unknown
Score: 0
R3.1 That the Elections Commission and the Department of Elections ensure that future Elections The recommendation will not be All members of the Retirement Board, regardless of who elected or appointed them System- Voter Information Pamphlets for Retirement System-related propositions provide Commission implemented because it is not to the Board, have a fiduciary duty to SFERS participants and their beneficiaries. In Increasing voters with complete financial details. warranted or reasonable accordance with the California State Constitution, this duty takes precedence over any Understanding & ...
R4
1 The Mayor’s Office should ensure that by January 1, 2018 every PS indicator has a Office of the Mayor linked goal, with all goals approved by the Mayor – these goals comprise the SFG’s Board of Supervisors overarching annual operational plan.
Response: Unknown
Score: 0
R4.1 That by the end o
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Educational Parity in Custody (EPIC) Report
September 29, 2017
•
9 pages
• 1 response
•
Score: -1
(+0, 0, -1)
View Details ▾
1 response to findings and recommendations
F1
The broader public is barely aware of the PS framework, diminishing its utility and hampering the SFG’s ability to communicate progress to San Franciscans. ❖ RECOMMENDATION 1: In order to ensure broader public access to the PS platform, and consistent with the practice of other leading cities, a clear link to the PS website should be placed on the SFG website homepage, the Office of the Mayor’s homepage and the Board of Supervisor’s homepage by January 1, 2018 (P).
Response: Disagree
Score: -1
Program staff is included in the gender Ensuring Equality of of the female population in and out of the SF jail system, awareness training provided in Advanced Officer training. Women's Education in regardless of surgical status. the SF Jail System 2016-17 Educational Parity In F12 The Sheriff’s Department lacks a set of proper disciplinary actions Sheriff’s disagree, wholly The Sheriff's Departments disciplinary procedures are set forth in the San Custody (EPIC) Report: for Sheriff’s deputies/ jail staff who refuse to accept transgender Department Francisco Charter, the Civil Service Rules an...
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SFERS Retirement Board Response
September 13, 2017
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8 pages
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No structured response data extracted yet.
View the PDF for full details.
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Sheriff's Department Response
September 11, 2017
•
6 pages
• 1 response
•
Score: -1
(+0, 0, -1)
View Details ▾
1 response to findings and recommendations
F1
The broader public is barely aware of the PS framework, diminishing its utility and hampering the SFG’s ability to communicate progress to San Franciscans. ❖ RECOMMENDATION 1: In order to ensure broader public access to the PS platform, and consistent with the practice of other leading cities, a clear link to the PS website should be placed on the SFG website homepage, the Office of the Mayor’s homepage and the Board of Supervisor’s homepage by January 1, 2018 (P).
Response: Disagree
Score: -1
Program staff is included in the gender Ensuring Equality of the female population in and out of the SF jail system, regardless Sheriffs awareness training provided in Advanced Officer training. Women's Education in of surgical status. Department the SF Jail System 2016-17 Educational Parity In F12 The Sheriff's Department lacks a set of proper disciplinary actions disagree wfth it, wholly (explanation in next column) The Sheriff's Departmenes disciplinary procedures are set forth in the San Custody (EPIC) Report: for Sheriff's deputies/ jail staff who refuse to accept transgender Francisco Ch...