Documents/RRSD/10: Lead by Example/Reform 10.2: Taxpayer Subsidy

Reform 10.2: Taxpayer Subsidy

Eliminate Taxpayer Subsidy of Politicians’ Pensions.

Other Information:

While the “offset” for elected officials has been eliminated, this reform falls short of requiring city politicians to pay an equal share toward the cost of their pension benefits. As recently as 2002, the Municipal Code section §24.1704 has been clarified to “cap” the pension contributions of elected officials. This cap causes the contribution determined by the retirement system (SDCERS) to be calculated at rates lower for elected officials than for other city employees – generating an additional subsidy.

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