Over 8,000 LA County Retirees Made at Least $100K in Pension Pay as Taxpayer Cost Soars

Union Watch reports:

Last year, 8,088 retirees in the Los Angeles County Employees’ Retirement Association (LACERA) received yearly pension and medical benefits packages worth at least $100,000, a more than 11% increase from the previous year, according to Transparent California’s recently published 2014 pension data.

At the same time, the employer’s annual required contribution – the cost borne by taxpayers – hit a record high 20 percent of payroll, more than double the 8.9 percent paid in 2001.

Topping the pension list was former Los Angeles County Sheriff, Leroy Baca, who is collecting a yearly pension and benefits package worth nearly $340,000.

The next three highest compensated members were:

Larry Waldie, retired from the Sheriff’s Department in 2011, received $333,009.
Thomas Tidemanson, retired from Public Works in 1994, received $332,200.
Michael Judge, retired from the Public Defender’s Office in 2010, received $325,078.

The average pension and benefits package for a retiree of the Fire Department with at least 25 years of service was $128,729 and the average for a retiree of the Sheriff’s Department was $106,299. For all other members who had retired with at least 30 years of service, the average pension and benefits package was $74,568.

You don't hear Strongman Barack Obama, Comrade Bernie Sanders , or Robert Reich talk about these pension millionaires.