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Almost 9,000 CalPERS Retirees Receive at Least $100,000 in Annual Benefits, More Than Quadruple the Number in 2005
The Sacramento Bee
June 1, 2011
The rapid growth in the number of $100,000 pensions is largely a consequence of enhanced retirement benefits approved by local and state governments during the last decade. Tens of thousands of public safety workers, for instance, can retire at age 50 and get most of their annual salary for life.
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