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Sure now let's move state -- and let's go to California San Francisco it has a 6000000006.
Billion dollar law.
Unfunded pension liability.
That includes pension and health care benefits -- it's welcomes back just one city San Francisco six billion dollars.
Well that is public defender is Jeff a Daughtry.
He is pushing a plan to help get San Francisco -- about hold Jeff welcome to the program good to see.
-- -- You know gonna get your plan through volumes that are as I understand it San Francisco refuses to do something about its pension plan and you're a Democrat.
You are trying to do something -- pensions your fighting against the grain -- Any progress this is.
This is round two as -- river for last year we put a measure on the ballot.
It did not pass we're back again with a much more comprehensive -- pension reform plan is San Francisco get this Stewart.
Within the next four years our pension costs are gonna double to -- about 400 million more than it is now.
And if we go do something we don't fix this problem where -- have any money for basic services and you know if it if it's really creating a situation here in San Francisco where.
Our city is Huckabee who survive who were putting this on the ballot.
Again in November and this will require all public employees incentives go to contribute towards your pension and pay a fair share of the cost of their pension.
It seems to -- that what's happening in San Francisco is very similar to what's happening in all the cities and -- around the country that is.
The cost the amount of money you've got to pay -- retired people in pension and health benefits is so huge that you actually have to lay off.
Current welcomes it over the -- Retired workers and that situation is getting was so I'm just a little confused with the numbers that you've used.
We said that San Francisco has a six billion dollar outstanding pension liability.
But you said it is gonna go -- on what 400 million every year for the next few years straighten me out all the numbers Jeff.
Right it's going up about a hundred million a year is still within next four years.
The cost is going to -- 400 million.
So what's happening is that whenever the -- pension fund either loses money or doesn't have enough money to pay its obligations that taxpayers.
Have to pony up.
And because is only so much money that's available.
I would will what's happening is that it's cutting into all of the basic services and that's what I've got involved.
With this issue why it's only one way.
A bit you're a Democrat.
-- you're a Democrat -- most Democrats is set in California.
Do not want to tackle the pension problem.
But you're Democrat on you getting any support from your fellow Democrats in in doing what you're trying to do.
It's very difficult why because.
A lot of the politicians.
You know they depend on the labor unions and -- who city employee labor unions -- support.
So they're not willing if her water -- support this even though.
We're seeing a lot of the programs that Democrats have supported over years being slashed in being cut.
It's -- slowly comes down to a question of priorities I think -- government doesn't exist for the purpose of just paying pensions government exists to serve people.
In -- less we get a handle of this problem.
You know we're not going to have a government to run.
Well said Jeff -- actually right now in San Francisco thank you very much -- we wanna follow this through and see how you do with that -- finished package.
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