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City workers push for full pension divestment from Israel after Comptroller caves on bonds
Pension funds still have $285 million tied to country
thechiefleader.com/stories/city-workers-push-for-full-pension-divestment-from-israel-after-comptr…
A member of District Council 37 holds a sign imploring incoming Comptroller Mark Levine not to invest the city's pension funds in Israeli stocks, bonds and companies last year..jpeg
A member of District Council 37 holds a sign imploring incoming Comptroller Mark Levine not to invest the city's pension funds in Israeli stocks, bonds and companies last year.
HARPER FREEMAN/ THE CHIEF
Posted Friday, October 16, 2026 2:51 pm
BY HARPER FREEMAN
City workers who pushed their unions to pass resolutions calling on the city’s pension fund to divest from Israeli stocks and bonds celebrated City Comptroller Mark Levine’s announcement on Wednesday that the city’s five pension funds would not be reinvesting in Israeli bonds. But the workers and pro-Palestinian advocates say they plan to continue pushing Levine to fully divest the over $200 million in investments the city’s five pension funds still hold in Israeli securities and companies.

“It feels like a victory initially,” said Tomasia Kastner, co-chair of City Workers for Palestine, a cross-union, cross-agency organizing group of pro-Palestinian workers who coordinate actions and strategy. “But when you look at the numbers, it no longer feels like a victory. It feels like a punch in the gut after a victory. It feels like one step forward two steps back.”

The pledge Levine made this week marked a reversal from the comptroller who promised on the campaign trail last year to reinvest in Israel after former Comptroller Brad Lander allowed $40 million of the pension system's holdings in Israel to mature and expire.

Levine clarified in a social media post on Thursday that the city’s five funds still hold more than $285 million in investments tied to Israel, mainly through equities that he said are an “important part” of the funds’ portfolio. He said the decision not to reinvest in Israeli bonds was an “ordinary rebalancing and management of a pension portfolio,” and not a political decision.

“At present, a number of challenges, including constraints related to a rules change on our short-term investment desk made by the previous comptroller, prevent us from making direct purchases,” he said.

But supporters of Israel and former Comptroller Scott Stringer criticized Levine’s decision nonetheless, telling the New York Post that his move was, in essence, caving to the two-decade old Boycott, Divest and Sanction (BDS) movement that seeks to boycott, divest and sanction Israel.

‘More work remains’

City workers have been an active and vocal part of BDS and specifically the movement pushing to divest the city’s pension funds from Israeli companies, stocks and bonds since the genocide in the Gaza Strip began. The Association of Legislative Employees was the first union of city workers to pass a divestment resolution and was followed by Local 3005, Local 1113 and the Professional Staff Congress of CUNY, although PSC’s resolution was later revoked.

Workers have held repeated protests to call for divestment, including just before the start of Levine’s tenure, outside of what soon became his office alongside Jewish Voice for Peace, a Jewish group that advocates for Palestinians.

Matt Molloy, president of the ALE, said that Levine’s move was a “positive step forward” but said that he must go further.

“More work remains to ensure that our city’s pension funds are fully divested, and we hope this decision is the beginning of that process,” he said.

Evan Rothman, a CUNY graduate student who introduced the divestment resolution that narrowly passed the PSC delegate assembly in early 2025 said Levine’s announcement was a “welcome development” and a “testament to the Palestine solidarity movement’s impact on city politics.”

“It also confirms what New York City public sector unionists have long said: investment in Israeli genocide and apartheid is not just a moral albatross, but a financial one as well,” he said.

Under former Comptroller Lander, the boards of all five of the city’s pension funds voted to divest from Russian securities shortly after that country’s invasion of Ukraine began in early 2022. At the outbreak of war in late February, the funds held $185.9 million in Russian securities.

Lander, who is the Democratic Party’s nominee for New York’s 10th congressional district said in a statement that Levine’s decision on Israeli bonds was the “right move.” He pointed out that the funds hold no other foreign bonds and argued that the decision of previous comptrollers to invest in Israeli bonds was a “political move, not a fiduciary one.”

Since the Islamic militant group Hamas invaded Israel on Oct. 7, 2023, Israel has killed at least 74,000 Palestinians in the Gaza Strip. Around 1,500 of those have been killed since Israel agreed to a ceasefire over a year ago.

Kastner said that City Workers for Palestine would soon meet to discuss their strategy moving forward in response to the union’s announcement. She stressed that workers would keep pushing until the $285 million in Israeli investments are no longer in the city’s portfolio.

“We're just going to stay the course and keep fighting and demanding full divestment,” she said. “We want to continue to create a strategy to fully divest the pension from Israel."
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Before You Vote on Props “D, E, A, and F


Before You Vote on Props “D, E, A, and F”
What the Board of Supervisor’s Budget and Legislative Analyst Analyst Found — and What It Left Out

Don’t hand over your lunch money to the schoolyard bully! He’ll only come back wanting more.
Dear Friends,

On July 14, Supervisor Shamann Walton asked the Board’s Budget and Legislative Analyst (BLA) to analyze Mayor Lurie’s three Charter amendments — Propositions D, E, and F — by September 8, so voters could weigh the findings before the November election ballots went out. The BLA missed that deadline by a month. An unfinished, undated draft surfaced September 25, buried in a Board agenda packet. The final report, dated October 8, only became available on October 12 in response to a public records request I had filed. By then, ballots had been in mailboxes for ten days.

BLA reports are policy documents meant to guide development of City policies on behalf of San Francisco residents. Here is what BLA’s final analysis shows, and what it doesn’t.

Proposition D: Shutting Out Grassroots Initiatives

Signatures to qualify a ballot initiative would quadruple, from 10,615 to 42,460. The BLA estimates a grassroots campaign’s cost would rise from about $320,000 to $1.5 million, with paid circulators alone costing over $1 million. The final report even contains a new error, claiming 70 percent of signatures collected are “invalid” when its own text says 70 percent are valid.

Meanwhile, Mayor Lurie’s own three measures — “Propositions D, E, and F” — reached the ballot by signature petition, given the $4.5 million Lurie’s “Clean Up City Hall” campaign committee (funded by billionaires, centimillionaires, and millionaires) spent to collect the necessary number of signatures to qualify for the ballot. Higher thresholds don’t stop big money; they stop everyone else. As of October 16, Lurie’s campaign committee has raised $14 million to pass the three ballot measures, plus another $425,000 seeking to pass “Proposition A.” That excludes the $9.9 million spent in November 2024 trying to pass the exact same “reforms” via the 2024 “Proposition D.” What are these billionaires trying to buy by raising close to $25 million just for the “D-E-A-F” ballot measure reforms package for Mayor Lurie?

Proposition E: Less Oversight of City Contracts

This is the BLA’s analysis report’s best work. Raising the Board of Supervisors contract-approval threshold from $10 million to $25 million would have cut Board review from 304 contracts to 115 between 2023 and 2025, leaving about $2.5 billion in unreviewed contracts.

Board of Supervisors review of contracts caught real problems. It cut a Mid-Market Foundation amendment from $7.7 million to $3.8 million after unnecessary overhead surfaced. It flagged a nonprofit facing insolvency, which had no chief financial officer. That discovery led to an audit that found $5.6 million paid without verifying eligibility.

Below the proposed $25 million contract threshold, the BLA admits: “There is no comparable public process.” The BLA meant that there is no independent review of a given contract proposed by a City Department, and no questions are ever raised in public. That’s because contracts below the threshold line ae approved administratively by the same department that chose the contractor, and only the City Department will manage the contract.

Eliminating public review is the opposite of public transparency, since public review exists precisely because outside eyes catch what Department insiders won’t flag themselves and don’t want you to know. Mayor Lurie and his campaign committee are complicit in trying to eliminate public scrutiny, which will lead to more corruption, not less.

Worse, only the City Administrator could introduce procurement laws if “Prop E” were to pass, which the Board couldn’t amend. New procurement rules would take effect automatically in 60 days unless disapproved, and the Mayor alone could kill one, while the Board would need a majority vote. What replaces Board oversight? In the BLA’s words: “No new oversight or audit mechanism is proposed.” In plain language, that means no substitute for Board of Supervisors review exists in “Proposition E.”

The report headlines $3.8 million to $23 million in procurement “savings.” Those figures are staff time, not cash, built on a cost estimate the BLA itself calls unreliable.

Between its draft and final analysis reports, the BLA also deleted the Human Resources Department’s statement that it knows of five training system contracts, not the 20 Proposition E claims in the legal text of the measure, as a justification and reason to consolidate all City contracting under the City Administrator. Clearly, it was eliminated from the final BLA’s analysis, given a clearly unsupportable false assertion.

Proposition F: More “Unitary Executive” Power to the Mayor

The Mayor could fire 27 of 62 department heads at will, up from five, including the heads of Police, Fire, Public Health, the MTA, the PUC, the Airport, and Recreation and Park. Commissions would need to forward only one candidate, instead of three names on a “short list” from which the Mayor could choose a new Department Head. Nearly all members of Boards, Commissions, and advisory bodies would become removable without cause, as so-called “at will” appointees.

The BLA calls the added cost “modest,” about $268,000 a year if Department Head turnover were to double. That figure spreads three severance payments across all 26 recent departures. But firing power adds involuntary departures, exactly the kind that trigger severance payment awards to Department Heads removed involuntarily. Counted properly, each added firing costs about $117,000, and doubles turnover costs to about $708,000 a year — roughly 2.6 times the BLA’s figure.

Between its draft and final analyses, the BLA deleted its finding that only one of those 26 departures was involuntary, along with research showing new administrations push out senior staff.

Proposition F would also allow an unlimited number of deputy mayors, banned by voters since 1991. Copying Boston’s 14 Deputy Mayors would cost about $4 million a year with benefits. The Planning Department’s own organizational chart cites an anticipated “Charter Reform November 2026” step toward a merged permitting department, even before anyone has voted on “Prop F.”

What the BLA Report Ducked

Walton asked 14 questions. Two were dropped outright and several were narrowed, with no explanation. The final fixed surface errors — wrong dates, impossible numbers, a $1 million misstatement — but left most substantive problems standing. Proposition A, which moves nine commissions out of the Charter, got no BLA analysis at all.

Still, the BLA’s own conclusion states the stakes plainly: These measures trade fewer independent checks for faster executive action handing too much “unitary executive” power to the Mayor, at the cost of vastly reducing Board of Supervisors review and oversight over City contracts, Board control of procurement law, and citizens’ ability to reach the ballot.

A generative AI review of the final BLA report, graded as a policy analysis in a graduate government course, gave it a “C” for responsiveness to Walton’s request, a “D+” as a public service to voters, and a “C–” overall. The generative AI’s low grades were well deserved, given the AI’s overall summary, which reads:

“Many of the impacts appear to affect[democratic City] governance leaving the question of whether clearer executive accountability and faster administrationwarrant fewer independent checks [-and-balances to governance], and [public] oversight, [including] the loss of Board review for a substantial number and dollar value of contracts, the City Administrator's exclusive control over procurement legislation, and the higher bar for citizen [ballot measure] initiatives.”

If you haven’t voted yet, please weigh these facts before you do. And please forward this to anyone who hasn’t mailed in their ballot.

Thank you for reading, and thank you for voting.

Patrick

To see Supervisor’s Walton’s July 14 cost inquiry of Mayor Lurie’s Propositions D, E, and F, the Budget and Legislative Analyst’s draft and final inadequate cost analysis reports, and the two generative AI critique’s of the BLA’s deficient cost analysis, they can be accessed on-line,
… See MoreSee Less

Before You Vote on Props “D, E, A, and F


Before You Vote on Props “D, E, A, and F”
What the Board of Supervisor’s Budget and Legislative Analyst Analyst Found — and What It Left Out

Don’t hand over your lunch money to the schoolyard bully!  He’ll only come back wanting more.
Dear Friends,

On July 14, Supervisor Shamann Walton asked the Board’s Budget and Legislative Analyst (BLA) to analyze Mayor Lurie’s three Charter amendments — Propositions D, E, and F — by September 8, so voters could weigh the findings before the November election ballots went out.  The BLA missed that deadline by a month.  An unfinished, undated draft surfaced September 25, buried in a Board agenda packet.  The final report, dated October 8, only became available on October 12 in response to a public records request I had filed.  By then, ballots had been in mailboxes for ten days.

BLA reports are policy documents meant to guide development of City policies on behalf of San Francisco residents.  Here is what BLA’s final analysis shows, and what it doesn’t.

Proposition D:  Shutting Out Grassroots Initiatives

Signatures to qualify a ballot initiative would quadruple, from 10,615 to 42,460.  The BLA estimates a grassroots campaign’s cost would rise from about $320,000 to $1.5 million, with paid circulators alone costing over $1 million.  The final report even contains a new error, claiming 70 percent of signatures collected are “invalid” when its own text says 70 percent are valid.

Meanwhile, Mayor Lurie’s own three measures — “Propositions D, E, and F” — reached the ballot by signature petition, given the $4.5 million Lurie’s “Clean Up City Hall” campaign committee (funded by billionaires, centimillionaires, and millionaires) spent to collect the necessary number of signatures to qualify for the ballot.  Higher thresholds don’t stop big money; they stop everyone else.  As of October 16, Lurie’s campaign committee has raised $14 million to pass the three ballot measures, plus another $425,000 seeking to pass “Proposition A.”  That excludes the $9.9 million spent in November 2024 trying to pass the exact same “reforms” via the 2024 “Proposition D.”  What are these billionaires trying to buy by raising close to $25 million just for the “D-E-A-F” ballot measure reforms package for Mayor Lurie?

Proposition E:  Less Oversight of City Contracts

This is the BLA’s analysis report’s best work.  Raising the Board of Supervisors contract-approval threshold from $10 million to $25 million would have cut Board review from 304 contracts to 115 between 2023 and 2025, leaving about $2.5 billion in unreviewed contracts.

Board of Supervisors review of contracts caught real problems.  It cut a Mid-Market Foundation amendment from $7.7 million to $3.8 million after unnecessary overhead surfaced.  It flagged a nonprofit facing insolvency, which had no chief financial officer.  That discovery led to an audit that found $5.6 million paid without verifying eligibility.  

Below the proposed $25 million contract threshold, the BLA admits: “There is no comparable public process.”  The BLA meant that there is no independent review of a given contract proposed by a City Department, and no questions are ever raised in public.  That’s because contracts below the threshold line ae approved administratively by the same department that chose the contractor, and only the City Department will manage the contract.

Eliminating public review is the opposite of public transparency, since public review exists precisely because outside eyes catch what Department insiders won’t flag themselves and don’t want you to know.  Mayor Lurie and his campaign committee are complicit in trying to eliminate public scrutiny, which will lead to more corruption, not less.

Worse, only the City Administrator could introduce procurement laws if “Prop E” were to pass, which the Board couldn’t amend.  New procurement rules would take effect automatically in 60 days unless disapproved, and the Mayor alone could kill one, while the Board would need a majority vote.  What replaces Board oversight?  In the BLA’s words: “No new oversight or audit mechanism is proposed.”  In plain language, that means no substitute for Board of Supervisors review exists in “Proposition E.”

The report headlines $3.8 million to $23 million in procurement “savings.”  Those figures are staff time, not cash, built on a cost estimate the BLA itself calls unreliable.

Between its draft and final analysis reports, the BLA also deleted the Human Resources Department’s statement that it knows of five training system contracts, not the 20 Proposition E claims in the legal text of the measure, as a justification and reason to consolidate all City contracting under the City Administrator.  Clearly, it was eliminated from the final BLA’s analysis, given a clearly unsupportable false assertion.

Proposition F:  More “Unitary Executive” Power to the Mayor

The Mayor could fire 27 of 62 department heads at will, up from five, including the heads of Police, Fire, Public Health, the MTA, the PUC, the Airport, and Recreation and Park.  Commissions would need to forward only one candidate, instead of three names on a “short list” from which the Mayor could choose a new Department Head.  Nearly all members of Boards, Commissions, and advisory bodies would become removable without cause, as so-called “at will” appointees.

The BLA calls the added cost “modest,” about $268,000 a year if Department Head turnover were to double.  That figure spreads three severance payments across all 26 recent departures.  But firing power adds involuntary departures, exactly the kind that trigger severance payment awards to Department Heads removed involuntarily.  Counted properly, each added firing costs about $117,000, and doubles turnover costs to about $708,000 a year — roughly 2.6 times the BLA’s figure.

Between its draft and final analyses, the BLA deleted its finding that only one of those 26 departures was involuntary, along with research showing new administrations push out senior staff.

Proposition F would also allow an unlimited number of deputy mayors, banned by voters since 1991.  Copying Boston’s 14 Deputy Mayors would cost about $4 million a year with benefits.  The Planning Department’s own organizational chart cites an anticipated “Charter Reform November 2026” step toward a merged permitting department, even before anyone has voted on “Prop F.”

What the BLA Report Ducked

Walton asked 14 questions.  Two were dropped outright and several were narrowed, with no explanation.  The final fixed surface errors — wrong dates, impossible numbers, a $1 million misstatement — but left most substantive problems standing.  Proposition A, which moves nine commissions out of the Charter, got no BLA analysis at all.

Still, the BLA’s own conclusion states the stakes plainly: These measures trade fewer independent checks for faster executive action handing too much “unitary executive” power to the Mayor, at the cost of vastly reducing Board of Supervisors review and oversight over City contracts, Board control of procurement law, and citizens’ ability to reach the ballot.

A generative AI review of the final BLA report, graded as a policy analysis in a graduate government course, gave it a “C” for responsiveness to Walton’s request, a “D+” as a public service to voters, and a “C–” overall.  The generative AI’s low grades were well deserved, given the AI’s overall summary, which reads:

“Many of the impacts appear to affect[democratic City] governance leaving the question of whether clearer executive accountability and faster administrationwarrant fewer independent checks [-and-balances to governance], and [public] oversight, [including] the loss of Board review for a substantial number and dollar value of contracts, the City Administrators exclusive control over procurement legislation, and the higher bar for citizen [ballot measure] initiatives.”

If you haven’t voted yet, please weigh these facts before you do.  And please forward this to anyone who hasn’t mailed in their ballot.

Thank you for reading, and thank you for voting.

Patrick

To see Supervisor’s Walton’s July 14 cost inquiry of Mayor Lurie’s Propositions D, E, and F, the Budget and Legislative Analyst’s draft and final inadequate cost analysis reports, and the two generative AI critique’s of the BLA’s deficient cost analysis, they can be accessed on-line,

The CSU Reaches Tentative Agreement with United Auto Workers
www.calstate.edu/csu-system/news/Pages/The-California-State-University-Reaches-Tentative-Agreemen…
10/16/2026
The tentative agreement includes 8% in salary increases plus a one-time payment for UAW members

csu-statement.jpeg
​The California State University (CSU) has reached a tentative agreement with United Auto Workers (UAW) Local 4123 that would provide meaningful compensation increases for Unit 11 employees. UAW 4123 represents over 10,000 academic student workers across the CSU system.

Under the tentative agreement, eligible UAW represented employees would receive:

A $3.2 milli​on compensation pool for one-time payments
A 4% salary increase retroactive to July 1, 2026
An additional 4% salary increase effective July 1, 2027
“This agreement demonstrates the shared commitment of both parties to find common ground and take action in the best intere​sts of the CSU’s valued employees,” said CSU Chancellor Mildred García. “While labor negotiations are never easy, they are essential to fairly compensating and supporting our dedicated employees, allowing the CSU to remain fiscally sustainable and ensuring that we stay on a path that advances student success for years to come.”

The agreement comes less than a week after the CSU reached a similar tentati​ve agreement with the Academic Professionals of California.

The CSU remains committed to working with its labor partners to reach agreements that provide competitive compensation and high-quality benefits while supporting students and maintaining the university’s long-term financial sustainability.

For all labor relations updates, visit Labor and Employee Relations | CSU.
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