NEWS: CalPERS $100K club has more than doubled since 2012, new data show

In 2018, almost 31,000 public employees in the state of California received pensions valued at $100,000 or more. With CalPERS paying out over $23 billion in pension benefits over the last year alone, these sizable pensions can, in part, be attributed to pension enhancements passed in 1999 and 2001.

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