$418,600 Pension for Former CalPERS Investment Manager Largest Ever, New Data Show
By News
Published 4 years ago on
March 4, 2020
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 →
RELATED TOPICS:
Categories
Latest
Videos
Crime /
48 mins ago
California Legislation Wants to Uncover the ‘Hidden Homicides’ of Domestic Violence
Politics /
14 hours ago
Fresno Oops? Garbage Hike Protest Vote Delayed by Error
Politics /
14 hours ago
Trump’s Potential VP Pick Boasts About Executing Puppy
Opinion /
14 hours ago
Trita Parsi: Blind Support for Israel Erodes Western Democracies
Politics /
14 hours ago
Fresno Trash Hauler’s Response to Overpayments: We Followed the City’s Rules
Sports /
15 hours ago
Which Six QBs Were Selected in the Top 12 of the NFL Draft?
Sports /
15 hours ago
