[quote=CA renter]
No matter how you slice it, the ***vast majority*** of CalPERS retirees are not earning anywhere near $100K…not even close. For those who are, they have been making concessions and are paying more toward their pensions.[/quote]
It’s 41% of retirees with 30 or more years of service in the last year.
Or about 10% of current year retiree if you count all the people retiring with less 5 years, less than 10 years, etc.
But it’s okay,that $66K and $50K group accounts for 2/3rds of CalPers costs but represent 1/3 of the people.
