New CalSTRS data: Bay Area’s ‘$100K club’ up 83% over past five years
The number of retired Bay Area educators collecting pensions of $100,000 or more from the California State Teachers Retirement System (CalSTRS) has increased dramatically since 2012, according to just-released pension payout data from TransparentCalifornia.com.
Last year, 2,551 CalSTRS members who retired from agencies in the Bay Area collected pensions of $100,000 or more — an 83 percent increase from 2012.
The top 3 Bay Area CalSTRS pensions went to:
- James Smith, Evergreen Elementary: $301,995.
- Marilyn Miller, Hillsborough City Elementary: $298,646.
- Johanna Vandermolen, Campbell Union Elementary: $296,410.
Statewide, 13,527 CalSTRS retirees collected pensions of at least $100,000 last year, which marks an 87 percent increase from 2012, according to the data.
The below chart displays the 10 Bay Area agencies with the most $100,000 or greater CalSTRS pensions, as well as the percentage increase that has occurred since 2012:
|
School District |
# of $100K+ CalSTRS Pensions |
% Increase from 2012 |
|---|---|---|
|
Fremont Unified School District |
140 |
97% |
|
East Side Union High |
114 |
87% |
|
San Jose Unified School District |
69 |
53% |
|
San Francisco Unified School District |
68 |
119% |
|
New Haven Unified School District |
64 |
94% |
|
City College Of San Francisco |
63 |
117% |
|
Palo Alto Unified School District |
63 |
66% |
|
Cupertino Union |
57 |
50% |
|
Contra Costa Community College District |
51 |
82% |
|
Pleasanton Unified School District |
46 |
64% |
To view the entire CalSTRS dataset in a searchable and downloadable format, please click here.
Transparent California will be continually updating the site with new, 2017 data from the remaining pension funds in the coming weeks. Be sure to follow our blog and Twitter accounts, or sign up for our mailing list, in order to receive the latest updates.
For more information, please contact Robert Fellner at 559-462-0122 or Robert@TransparentCalifornia.com.
Transparent California is California’s largest and most comprehensive database of public sector compensation and is a project of the Nevada Policy Research Institute, a nonpartisan, free-market think tank. The website is used by millions of Californians each year, including elected officials and lawmakers, government employees and their unions, government agencies themselves, university researchers, the media, and concerned citizens alike. Learn more at TransparentCalifornia.com.
