For the Good of Illinois

Subscriber Special - 21,862 Highly-Compensated, Retired California Public

November 26, 2016 10:28 AM
(not rated)
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 21,862 Highly-Compensated, Retired California Public 
Employees Make Over $100,000 per year and 
Cost Taxpayers $3.0 Billion  
 
  
forbes_logo
 
MAPPING THE $100,000+ CALIFORNIA PUBLIC EMPLOYEE PENSIONS AT CALPERS COSTING TAXPAYERS $3.0 BILLION
 
Read our new editorial at Forbes CLICK HERE
Forbes | November 26, 2016
 

It takes all income taxes from 1.573 million California taxpayers to generate an amount equivalent to the $3.0 billion annual payout to the six-figure CalPERS retirees.

We found a '$1 Million General Manager' position and even private employers muscled into the California public pension plans. A city manager is retired on $313,404 per month and the list goes on and on... 

Recently at Forbes, we exposed 220,000 California public employees earning six-figures who cost taxpayers $35 billion annually. Now we give oversight to CalPERS - the USA's largest pension plan - and find 21,862 employees with $100,000+ pensions from 1,253 local units of CA government. 

 
Here's a chart of the TOP 10 Highly-Compensated CalPERS retirees:
 
Subscriber_Chart_top_10_highly_compensated
 
Today, at Forbes, we've installed our interactive mapping tool, so you can quickly review the 21,862 California public employees who earn more than $100,000 - in retirement!
 
Click here and start searching by ZIP code across California. Just click on a pin and use the scroll bar to search the results rendered in the chart beneath the map.


Please read our editorial at Forbes, 'Mapping the $100,000+ California Public Employee Pensions at CalPERS Costing Taxpayers $3.0 Billion, Click Here.

 
It's Your Money. Join The Transparency Revolution!
 
 
 Adam
 
Adam Andrzejewski (say: Angie-f-ski)
Founder and CEO, OpenTheBooks.com 
 
Matthew Tyrmand
Deputy Director
         
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Together, we are a strong team. Please click here to help our mission.
 
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