FACT: The average public pension in California is $25,000 a year. 80% of public employees such as nurses, school employees, college professors, and child protection workers who retire receive less than $2,500 a month in retirement benefits.
FACT: Public service workers already pay 7 to 10 percent toward their pensions. Nearly 80 cents of every dollar in benefits comes from workers’ contributions and investment earnings–not from taxpayer contributions.
FACT: California’s contribution to retirement for state employees is less than 5 percent of the state budget. The state of California pays less as a percentage of its payroll for pensions today than it did in 1980.
