This shortfall in contrast to the number of state employees and pensioners receiving half million dollar payouts or more from the taxpayer highlights the need for public sector compensation reform. Meanwhile, essential services are squeezed, civic bankruptcies continue, and income inequality increases.ĭue in large part to these exorbitant pensions, California state and local governments are facing an estimated $655 billion in unfunded pension and healthcare liabilities. Million dollar pensions are just the latest example of California’s lavish pension system paid for by overburdened California taxpayers. “DROP” stands for “deferred retirement option plan,” but in plain English it might be called “double dipping.” The taxpayer pays for all of this, of course. When they retire, they begin collecting an ongoing pension but also get paid 100% of the proceeds of these accumulated DROP savings. While continuing to work – and getting paid – because they had already become eligible to collect a pension, the amount they would have gotten as a pension is paid into a savings account on their behalf, bearing 5% per year interest. Where available, it is granted when a government employee who is, say, 50 years old and eligible to retire, instead opts to continue working. This benefit is frequently offered to public safety retirees, although not all jurisdictions make it available. These so-called “DROP” payments are lump sums paid when employees retire. 821 have a pension of 90% or more of their final salary.148 retirees have a pension of 100% or more of their final salary.13 retirees collected pensions valued at over $200,000 per year.(This probably include DROP payments, but thay are not broken out. Transparent California is a project of the. 8 total over $600K and 13 total over $500K. Transparent California is the states largest public pay database and also serves as a government watchdog. 5 retirees in San Diego City Pension system received over $700,000 in 2013.A Police Captain received a total pension of $785,679 (this probably includes a DROP payout, but the data is not broken out). Many that don't know that you can log on to the website Transparent California and look up the salary and overall compensation for any state employee.PENSIONS – San Diego City Employees’ Retirement System (SDCERS) Including DROP payouts, 85 retirees received total pensions exceeding a half-million dollars, while 12 of those retirees took home over $700,000 each.
The News section contains interesting stories and analyses of the data found on as featured in the media. Here you can find useful summaries of the data posted on our site in the Press Releases section. An Assistant Chief received a total pension payout of $998,456, which includes benefits and a lump sum DROP payment of $839,345. About Transparent California About Welcome to the blog for the website.PENSIONS – Los Angeles Fire and Policy Protection System One recipient collected $240,900, while another had a total pension payout of over $215,000.8,437 retirees took home six-figure pension payouts.Sacramento and San Diego County CEOs made $370,000 and $394,000 respectively in total compensation.San Bernardino and Los Angeles County CEOs made $500,000 in total compensation.Alameda County Administrator made $654,000 in total compensation.
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On the payroll side, the Alameda County Administrator made $654,000 in total compensation in 2013, while her assistant made $338,000.įor anyone who wants to view – and download – information from the most comprehensive collection of pay, benefit, and pension data ever compiled for California’s state and local government workers, here are some key links:Īnd here are some highlights of inflated 2013 payroll and pensions data compiled using data from Transparent California:
Most notably, one assistant fire chief with the Los Angeles Fire Department earned a pension payout of $998,456. It shows egregious examples of misplaced taxpayer funds. This new 2013 data includes pension data from the big state pension systems and payroll data from state agencies, counties, the CalState system, and community colleges. The data shows that public compensation in California is growing more out of control, threatening the solvency of the state and local governments. Info: 83 Email: infodds.ca. Today, the California Policy Center (CPC) released 2013 payroll and pension data (the most recent data available) on, the largest ever online database of California state and local government employee pensions, salaries, and benefits. Transparent California is a project of the Nevada Policy Research Institute. Transparent California Releases 2013 Payroll and Pension Data Transparent California is the state's largest public pay database and also serves as a government watchdog.
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