City pension pays more than average worker earns

[Valin]

San Francisco Chronicle:

Heather Knight
6/19/11

Here's some fun facts. OK, maybe not so fun, depending on your perspective.

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.

(Snip)


Video: San Francisco's Crazy Pension Plan