Commissioner ferrigno it expend commissioner makras commissioner meiberger commissioner paskinjordan commissioner stansbury will not be present we have quorum thank you very much ladies and gentlemen, the first one on the genocide a closed session for item 3 mr. Clerk, call item 3 for me and action item closed session. Any Public Comment . Were going to take Public Comment now before closed session no, no Public Comment okay. Thats because we started on time and our Public Comment didnt get the memo okay. Thats the secret everyone were going to go into closed session. Okay weve come out of closed session he united a vote or need to take a motion not to disclose what weve talked about in closed session so moved well take that without objection. Lets the house rehabilitate that commissioner paskinjordan is not here well take that without objection. The motion passed unanimously thank you, everyone at this time, id like to do something to accommodate the number of folks that are here the pob welcomed id like to have director huhuh irrational not here i was going to invite director huhuh i wish to make a presentation to accommodate the great number of folks to you wont have to wait until the end of the agenda to make your comments fair enough and take general Public Comment as well a point of order were going to have Public Comment if two minute guardrails so well be able to hear everyones comment director huhuhish please bring our item forward excuse me mr. Clerk, call the agenda item. Item item 14. Yes. Public comment period. No two separate sessions and im just informing the public were going to take item 14 first and general Public Comment next. Mr. Huhuhish. We received a letter dated march 24 from david to represent our benefits in the letter he requests the retirement board reconsider their comments and the second item is to make sure that everyone knows and the public is aware that the may meeting will be moved from its regular second wednesday and calling a special meeting the retirement board for monday may 9 and so it will begin at 1 oclock and again, the same structure depending on how much closed session items we have most likely 2 30 more the Public Comment agenda that concludes my report. Thats it. Uhhuh. Okay ladies and gentlemen, id like to open up for Public Comment on item 14 no interest okay. So Public Comment is closed. And thank you all right. Mr. Clerk, call the item number 4. Item 4 Public Comment. Ladies and gentlemen. I have before me comment cards some people indicated the item and others have not lets go ahead mr. Wagner start with you welcome back thank you speaking in support of coworkers and brothers and sisters who retired before 1996 this the the serious crime theyve denied the restoration of the benefits like those of us retiring after 1996 pension benefits in essence are detailed was this skwasz as part of employment excuse me im requesting for myself and more everyone undivided attention on this board i think we should be mooufrpt replaced now delays abused of pensions shouldnt be was this denied the ceo suggested tissue inequality theyll attack this board and this board couldnt meet 24 7 many of those who couldnt be here are deceased theyve been denied theyre just due this board inspected to protect retirees shouldnt are bystanders this board this uphold the city chart exercise the responsibility and hopefully place this on the may agenda with some indication of thank you thank you, ms. Silva and patrick shaw and anyone else. Thank you ladies and gentlemen, today is managers report shows in the first 3 months of 2016 theres been 2 thousand plant wraufld from the coming plan totally 36 million this is year to date of those that were 2 h 200 and thirty full withdrawals for this point plus Million Dollars there should be a policy to car what is going on if to the equivalent those figures reinforce what any planters have been saying that the management of our deferred coming consultant of our bar monies is lacking they could do better and therefore people are withdrawing their funds and doing better at the cost of the city after reading allowing articles about im giving 20 to the director and others to distribute to you the City Attorney there are many concerns startling one of the issue of lobbyists to influence the awarding of this plan number two the loss of one Million Dollars due the financial crisis and the downturn the planter that have withdrawn from this plan i dont know how much clear it can be not working thank you. Thank you. Patrick shaw and calling names . Thank you commissioner cohen first, i agree with the lady that lou article in the west side the deferred comp plan is the in complete sharmz a retiree friend of mine after reading the article they are personal advisor jones was curious about the west portfolio given 9 difference between jones investment and deferred coming they maintained or made money where fell jones but received must percentages from the coming cal after restoring they transferred her deferred coming to edward jones the meeting you approved devesting if the Cool Companies defrmd determined to invest in renewables the committee returned by now to this full board after 4 months of deliberations on which Cool Companies to devest what is taking so long to identify companies to devest from third and finally i strongly urge this board to schedule an up and down vote making the pre1996 retirees whole by awarding them the supplemental cool agreements to waterway to post 1996 when pob was in court have an open session of this board. clapping. anyone wish to comment on item this calling names . My name is john retired San FranciscoFire Department 2004 i am supporting the Retirement Benefits for all City Employees the pre96 retirees received the supplemental costofliving allowance before the bogus prop c denied them this benefit since then the suit it the pob since the suit that we had taken against prop c the court ruled that the retirement board may i stress the word may restore the supplemental cola to all retirees post 96 and pre96 please do the right thing for all retirees and restore the supplemental cola for all retired City Employees thank you thank y thank you clapping calling names. great. Thank you very much for listening to us thank you for listening to us i live in the area im 80 years old and healthy and grateful for it on the other hand, i live in mini im 80 years old and im a caregiver i have a Family History of alzheimers and dementia all 4 of my sisters had one or the other so i have that two perhaps to look forward to i think im going to escape it but my major concern is im a caregiver and becoming increasing dont think the supplemental cola i suspect im not the only one in that circumstance i love any job and i work diligently i feel as though i was a dedicated and loyal employee and i ask you not to penalize me because i retired before 1996 thats it thank you. Thank you. clapping. john hanley. Hello commissioners. Im john hanley a retired firefighter with 319 years in the city i came to repay the debt that fought fires in San Francisco regardless of their health who died with Health Issues im here for the Police Officers some were murdered and at saint bryant tan dens they bombed the church while the funnel im here for the generators and School Teachers and the park directors and mr. Lou retired 1982 from the ports will that break the bank clapping thats what im here for lets not let the new San Francisco values reflect they dont pay retirees what is due we here a lot about San Francisco values lets in the reflect that thank you for your time. Thank you clapping. is there any additional Public Comment on this item. David williams on behalf of pob an election con in labor this says an injury to one is an injury to all by injuring by denying the benefit to the pre96 folks your injuring them and injuring all of us it is balancing the judges language as appoint was discretion the word may somehow through the staff or the City Attorney or who knows what in closed session that discretionary language is interpreted as a must as a mandatory language that is u. N. Denial and it didnt happen in public likewise who decision is to loot this weve seen actually nothing no vote taken to allocate or not take it a letter that said it was denied coming from the cfo i believe it is the boards the boards discretion the board manages the fund the board makes the decision makes recommendations and director into staff but the decisions lie with the board the fund is not the citys money it is the trust fund that is the members that contributed it is our money we defer piece of that and others deserve they are piece with that in mind im encouraging some of you are always been officials have to be responsible to the folks and i need to speak to the people who are concerned about this and what is not why you make the decisions the best way to bring it up as a calendar item and voting on it pubically up and down. Thank you. Next speaker, please. clapping. good afternoon and thank you for hearing me im linda maturated to a retired San Francisco firemen this is ricky has rick cane has had a heart transplant because of fires he ran into those men are heros they drag out our parents and cats and dogs they cut you out and pulled you out and saved your life how can the look at yourselves in the mirror excuse me, sir please look at me thank you. I appreciate that how can the look at yourselves in the mirror and deny those men the money when they signed up they ran in 1, 2, 3 times all day and night dying in the field and dying in the hospitals very severely and you can sit here with their 8 million and say you cant have it who is running the show who is behind all of this really and what are are the plans for the 8 million you wont give those men this it is from the last time i lost two friends okay jerry was my friend for 40 years his daughter was asking you to please give my father his money hes dead he died since this okay. Another one john my son for 40 years he died so you are waiting for everyone to die so you can do what you wanted with the 8 million go look at yourselves in the mirrors and think what can kind of people are you proud of who you are and what youre doing i hope you can look at yourselves and say im a good percent donor for those mentioning men give it to them before they die clapping . Rick sanchez retired Fire Department i think what made dramatic increase in the number of people here was the letter you authorized it i dont know what went into it but ill talk about the executive director and retirement members he spent the last few days reviewing the court of appeals decision dated may 272015 and later looked at again in 2015 with no changes they basically talked about the fees and what was going on with that looking at all the documents for the ruling that the retirement board any apply chapter section a 8 mrs. To the pre1996 retirees it didnt show up anymore the word must was not used ill have to get better glasses had in jason letter dated february 2016 to david the executive director stated that the retirement board does not have the authority to expand the benefits provided by the plan to comply that the charter and the amendment judgment and writ the board must apply the section to the pre1996 retirees on page 2 of the appellants courts rulings under the procedural history the pension fund is the city retirement and overseen by the citys retirement board youre the ones with the authority what i want to know how does a judge opinion of may suddenly turn into a any how did that happen thats infuriated everyone who is wrong you know. Thank you. I mean, thats the truth thats why people are here you know all of you know you have an executive director and staff ive been clapping . Come on up. Need all of help they can get people that educated me and indicated probably a lot of you and your children and are now needing our help it is unfair it is shameful, it is absolutely wrong what youre doing i want you to change your behavior and vote in public and make that right for all of us we work hard and do the best we can and work against conditions all of us wish were better we need you to do the right thing and do it for all of us thank you clapping. my name is joe retired city and county of San Francisco employee i was going to right off a memo he sent is to the board it will be more important if i reiterate what was just said all the times court contain opinions not part of actually decision in this case the Appellant Court and judge mar white both said that they were definitive when they talked about the post 1996 they said the full funding cant stand for the retirees what it came to the pre1996 they used the word may thats what they did they used the word must at the only offenders an opinion the charter language will not allow them to be definitive when it came to the pre199 of you look at the a8 plus that charter language between pre96 and post 96 they have to be treated the same what the public work did they offend an opinion they definitely know how to make a ruling they only made an opinion in order to apply the full funding to the pre199 six the only way to do that put a Charter Amendment on the ballot and have to pass by the voters it didnt authorize you to treat pre967 different than the post 1996 retirees thank you. clapping . Good afternoon. Im julia and grateful im not a window off a a firemen my husband retired in 1991 and weve watched in the firemen who retired die, today one of their widows died pat a number of my friends are windowed and their grateful 3 people are speaking on behalf of because so many times they dont feel they have a voice in the case eve claire 95 she didnt have the stamina to sit down shes visiting her retired firefighter in a car home in sonoma 98 ages of do the math when he retire what is his cost of living what does it mean to his wife now to keep him in the facility 5 years when the bomb went off at the we were hustled out of the door we were there to pay our respective we did that when one of our families didnt support we stood up and respected them i wish you could find it in our hearted i believe that is there i wish you could get beyond the legal let me see and do the right thing and look at it what weve skoosz i remember the firefighter strike with the board of supervisors those with hard times we if take vacation we knew the money we were setting aside for my husbands retirement boo would come in it didnt were not being honored when we stood up and do the right thing im honored that youre standing up and fighting for our right. I hope youll fight for us and do the right thing clapping. thats it. Nope. Just want to make sure good afternoon, commissioners by the way, the oldest amongst us is one hundred and 3 i want you to understand that most people and the people were talking about didnt get siding Social Security this is the only they were preincluded but some of them didnt necessarily have selfsufficient quarters to quality so what they get is what they get you left you a packet of samplers the second letter if nancy got a message from in advance about 89 and they was going to come today to testify she was a librarian and on a limited income blue by the way, shes the point of our group so shes still according and hope to be in a conference on saturday with her i want you to read her letter she feels this is age discrimination i was struck by the fact that the letter from mr. Huhuhish the advice in the City Attorney ill restate ill be saying this a conflict of interest that the where had you dont have the authority over the funded and the members this is somehow granting additional benefits not granting additional benefits if you dont have authority overlight members and the trust fund why are you here thats very, very important i want to mention the last stanford study said this longevity is linked to economics if you have the economics youll live longer were saying those are people that are living weve lost one thousand members since we started this process a thousand almost a hundred a month weve had members theyre sitting at the dedicate side of clothes e colleagues 3 are passing away we needed need to get this resolved before this is only the states that will have to be contacted thank you. My name is harry lou im retired i heard about the people talking about the cola system you people are to do your duty i urge you today pay the cola to every employee of the city and county of San Francisco thank you very much clapping. come. Next speaker. Good afternoon, commissioners Shannon Johnson with me are you of 3 retirees with me i asked my mom what was the least favorite word she said silence. Why silence. Because when you get to be my age nobody licenses that made me think what we have here is a representation of the 76 hundred retirees we know that are living which is detain from 83 when we started and if their voices could be heard they would sounds like this clankin clanking . Were not going away were not going away quietly he want the decide now before we die thank you. We choose these these we dont want the pre96 retirees to be screwed we want you to know were alive and not going away as rich said thank you. Thank you. Next speaker, please clapping. hi my name is elmer retired San FranciscoFire Department 3 two years weve spoken before ive provided you guys with a list it is i asked norman to give to everybody im bask here to talk about pre96 and post 96 not in