Did you know that 63 cents of every dollar paid in public pensions comes from investment earnings? Historically, this number has been as high as 75 cents on the dollar. Pensions are a shared responsibility. Every dollar paid to CalPERS pensioners comes from three sources:
CalPERS pays out nearly $12 billion in pension benefits each year to retirees and beneficiaries using investment income and cash contributions from employers and members. Investment assets are not sold to generate cash and the fund continues to grow.
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