Pensions: How Many Earn $195,000 or More?

Chief. You can afford a hat now.Chief. You can afford a hat now.

The Chronicle ran an interesting front-page story today acknowledging that pension reform is the dinner guest no one at the wanna-be mayoral table invited — but can't get rid of.

Our would-be leaders are grilled about their stance on runaway pensions; most of them embrace the term “negotiated deal,” although negotiated deals are what got the city into the mess it's in. They also kick dirt at pension crusader Jeff Adachi — to do otherwise is considered an affront to organized labor.

Mentioned within today's story is an aside about capping future employees' pensions at $195,000. This prompts the question: How many San Francisco retirees would currently be affected? The answer:


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