If you live in San Francisco and you’re unfortunate enough to work for someone other than the city/county government, you’re getting screwed. And there ain’t no glory hole in sight.
The SF Gate spells out the specifics:
The average retiree from San Francisco city government earns an annual pension of $46,272, according to the San Francisco Employees’ Retirement System. The average retiree who worked at least 30 years in city government earns an annual pension of $76,981.
The average pension for a retiree from the Fire Department is $108,552. From the Police Department? $95,016. And everybody else? $41,136.
The figures show most retirees aren’t getting anywhere near the fat packages that outrage many city residents – like the $264,000 pension paid to former Police Chief Heather Fong last year.
But city retirees are doing pretty well compared with working San Franciscans. Census data show the median family income in the city is $86,546. Per capita income is $44,373.
Four words: Un. Sus. Tain. Able.
Source: SF Gate
