More CalPERS Retirees are Getting $100,000 Pensions, Report Says

The number of retired public employees in the CalPERS system with annual pensions of $100,000 or more grew 63 percent since 2012, according to a report released Wednesday. Riverside County, Long Beach, Anaheim, Torrance and Riverside made the list of the 25 public agencies with the most pensioners receiving six-figure retirement pay, Transparent California reported. Almost 23,000 CalPERS retirees collected pensions of at least $100,000 in 2016, the government watchdog group found. The rise in $100,000 pensions underscores the importance of making public employee pension data public, Robert Fellner, Transparent California’s research director, said in a news release.