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California’s richest pensioners revealed as fat cats raking in $400K for doing nothing

California
New York Post Fews App News Provider
Fews App Post Time 20h ago

Retired fat cat California bureaucrats are pocketing a staggering $6. 3 billion a year in pensions — with some being paid up to $462,000 a year for doing nothing. As the state’s public servant pension shortfall soars to at least $153 billion, the California Post can reveal that more than 63,000 retired public servants are being paid at least $100,000 a year from the California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the US.

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