$418,600 Pension for Former CalPERS Investment Manager Largest Ever, New Data Show
Share
[aggregation-styles]
Transparent California
In 2018, Curtis Ishii announced that he would be stepping down as head of global fixed income for the California Public Employees’ Retirement System (CalPERS).
Today, Ishii is collecting a $418,608 annual pension from the system, which is by far the largest of the more than 700,000 pension checks CalPERS issued last year, according to just-released pension payout data from TransparentCalifornia.com.
Ishii’s pension is nearly $50,000 greater than the $372,280 received by former Solano County administrator Michael Thomas, who had previously been the system’s top pensioner since retiring in 2011.
It also marks the first time that a CalPERS pensioner has legitimately broken the $400,000 mark. Former Vernon city manager Bruce Malkenhorst once collected a $551,000 pension, but CalPERS would later drastically reduce that amount and demand repayment due to illegal pension spiking.
Read More →
Transparent California
In 2018, Curtis Ishii announced that he would be stepping down as head of global fixed income for the California Public Employees’ Retirement System (CalPERS).
Today, Ishii is collecting a $418,608 annual pension from the system, which is by far the largest of the more than 700,000 pension checks CalPERS issued last year, according to just-released pension payout data from TransparentCalifornia.com.
Ishii’s pension is nearly $50,000 greater than the $372,280 received by former Solano County administrator Michael Thomas, who had previously been the system’s top pensioner since retiring in 2011.
It also marks the first time that a CalPERS pensioner has legitimately broken the $400,000 mark. Former Vernon city manager Bruce Malkenhorst once collected a $551,000 pension, but CalPERS would later drastically reduce that amount and demand repayment due to illegal pension spiking.
Read More →
