CalPERS Has Paid Board Members Nearly $3.4M Since ’99
Since 1999, CalPERS has paid nearly $3.4 million on salaries and benefits for its five board members, according to a Sacramento Bee review. Members' pay ranges from nothing to more than $100,000 annually. One expert called the variations in pay "highly irregular" among public pension funds in the U.S.
- "Pay for CalPERS Board Members Varies Widely" (Ortiz, Sacramento Bee, 11/22).