[quote=no_such_reality]We’re not talking averages. We’re talking the group that is rapidly growing with much larger pensions. AS highlighted in the prior link.
That’s the nice thing about statistics, it’s how you slice them.
The chart on page 47 should show you how CalPers can trot out a nice low number.
If you had 30 years or more of service, the average retirement was $66,000.
About half are retiring withless than 20 years of service.[/quote]
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.
