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Milpitas Pensions: What Retirees Are Receiving

CalPERS pension list shows what former city and school employees are collecting.

 

More than 600 retired school and city employees in Milpitas are collecting pensions, many of them receiving more than $100,000 a year.

The retirement compensation is part of a list posted by the San Jose Mercury News and other newspapers.

The CalPERS list was unveiled as the state Legislature last week approved a pension reform bill that is now on Gov. Jerry Brown's desk.

Among other reforms, the legislation raises the retirement age for most new employees from 55 to 67 to receive full benefits. It also eliminates so-called "double dipping" and caps the pensions of highly paid retired workers.

In the , there are 328 retirees listed who are receiving CalPERS pensions.

At the top is retired Milpitas High School principal Charles Gary, who was earning $12,084.17 a month when he retired after working just more than 40 years in the district. Gary collects about $10,650 a month in pension, or more than $127,000 a year.

Next is Betty Pow, director of assessment and curriculum, who was earning $11,321.70 a month when she retired after working more than 37 years in the district. Pow collects about $10,297 a month in pension, or more than $123,000 a year.

There are four retirees listed who collect more than $10,000 a month, or more than $120,000 a year.

At the bottom of the list, there are three retirees listed who receive less than $100 a month.

Some employees are collecting CalPERS pension from more than one agency. Teachers also don't receive Social Security benefits.

The has 279 retirees on the list.

The retiree collecting the most is Charles R. Lawson, former city manager. He was paid $17,756.13 a month when he retired after working more than 32 years for the city. He now collects about $20,034 a month in pension, or about $240,408 annually.

Right behind is David D. Rossetto, former police commander, who earned $15,009.03 a month when he retired after working more than 30 years for the city. He now collects about $18,105 a month in pension payments, or about $217,260 annually.

There are also 27 retirees listed who are collecting at least $10,000 a month, or $120,000 a year.

On the flip side, there are 42 retirees listed who receive less than $1,000 a month.

-- Patch Staff

 

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Rajeev Madnawat September 14, 2012 at 03:24 PM
Let's first see, without doing anything, we are facing layoffs, which is not a good idea, outsourcing of police and firefighters, also not a good idea, approximately $1300/parcel parcel tax per year... (at a time when people are struggling to make ends meet)... not a good idea. People may whine about it all day and blame everybody else, sling mud on whoever dares to talk about this, but the reality is that there is no way out without salary and pension cuts to levels that can be supported by the current revenue stream. A formula to calculate salaries and pensions yearly based on city revenues is the only long term sustainable solution. Economy will turn around, may be in a year, may be in 3 years, may be in five... nobody knows for sure. When that happens and say revenue goes up 10%, by all means give hefty pay raises that year. This is a fair and equatable solution. We are all in together in this. It is not fair that people of Milpitas suffer during bad years so that public employee can stay unaffected.
Rajeev Madnawat September 14, 2012 at 03:41 PM
Another option is to raise sales tax. But this increase in sales tax would need to be very high to bring additional 10-15mil per year just to stay even with the current deficit (remember we also have a huge pension liability deficit to consider). If the sales tax is increased substantially, Great Mall will be a ghost town, car dealership will leave, companies will leave and small businesses will be ruined. Milpitas will turn into a ghost town and after businesses leave, there will be no sales tax revenue. Hence, after ruining the city, we will be back to square one.
trish dixon September 16, 2012 at 07:43 AM
With the election in several weeks, look to whom the Milpitas Police will endorse, give money, and send out hit pieces...............Police Officer Emmanuele has called the candidates that requested their endorsement. And the lucky winners are Democratic political consultant and Union supporter Mark Tiernan and Debbie Crespo Giordano who has been very generous over the past 8 years. Their pensions and benefits are on the line so don't be surprised if there are some nasty hits against the remaining field of candidates. People should read some of Dan Manassau's blogs on pensions, they are pretty much on target only lacking on the inside discussions that were held behind closed doors.
Steve Bunnell September 17, 2012 at 03:50 AM
Thanks Trish, I really appreciate your input.
Allen King September 17, 2012 at 05:00 AM
Union pet Tiernan was expected to receive police union endorsement. Debbie put up a good dog and ponny show (just like she does before every election) that she was for pension reform. Turned out just like before it was just an attempt to fool people of Milpitas. She had a secret deal with unions in place. Debbie is in the council for her own benefit. She own several properties including land on hills. She tried to rezone her properties, failed. Her next attempt would be to open up hillside development so she can reap nice profits. Unions will be up for same old dirty tricks. They will be pumping money to spread lies about other candidates. Union thuggery must stop now. They have been ripping us off through their dirty tactics for a long time. While we struggle, they get six figures pensions and insane perks (unlimited sick day accruals and payouts for example). Say hello to more taxes or bankruptcy if these union pets win. It is time for people to show some interest in what is going on so that these crooks don't fool us again.

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