The 100 highest pensions in the CalPERS and CalSTRS systems

SACRAMENTO, CA - JULY 21: A sign stands in front of California Public Employees' Retirement System building July 21, 2009 in Sacramento, California. CalPERS, the state's public employees retirement fund, reported a loss of 23.4%, its largest annual loss. (Photo by Max Whittaker/Getty Images)

How much does it take to make it into the 100 top-earning CalPERS or CalSTRS retirees? A pension of more than $219,000.

CalPERS is the retirement system for most state employees. CalSTRS is the retirement system for most certificated school district employees.

Both systems have faced scrutiny for years due to large unfunded liabilities — they don’t have enough money at the moment to pay all the benefits they have promised. In response, both systems have increased the required contributions for local governments that are part of the system.

Most CalPERS and CalSTRS retirees will never make anywhere near the pensions earned by the top-earning 100 retirees. The 100 top-earning CalPERS employees, for instance, make up about one-hundreth of 1 percent of CalPERS beneficiaries. The pensions paid to them in 2016 were equivalent to about one-tenth of 1 percent of all benefits paid to CalPERS beneficiaries. …

Click here to see the 100 highest pensions in the CalPERS and CalSTRS systems as reported by the Sacramento Bee