Retired educators receive more than $100,000 annually
June 29, 2011
As public pension reform takes center stage in Sacramento, the number of newly retired school administrators earning more than $100,000 a year jumped 650 percent between 2005 and 2011. [Sacramento Bee]
Six-figure payouts to retired educators increased from 700 to 5,400, according to a review of data from the California State Teachers’ Retirement System.
School administrators will earn more during their retirement than most Californians will make during their working careers, the Bee reported.
Booming administrator salaries have contributed to the trend. On average, school administrators earned $168,000 in base pay last year, roughly 56 percent more than they did 10 years ago, according to data from the California Department of Education.
CalSTRS serves teachers and administrators in the state’s community colleges and school districts, and is the nation’s second-largest public pension fund behind the California Public Employees’ Retirement System, which, as reported by The Bee earlier this month, also has seen a surge in $100,000 pensions.
Most CalSTRS retirees are teachers, and the average annual benefit for those who retired last year is $49,000.
The pension has its share of financial problems as other public pension systems but the difficulties are due primarily as a result of investment losses, broad pay raises and boosts in benefits, not six-figure retirement salaries.
Californians for Pension Reform reports that the following pensioners from San Luis Obispo County school districts receive more than $100,000 annually. Here are the monthly and annual breakdowns by district:
Atascadero Unified
James L. Stecher $10,536.56 – $126,438.72
Coast Unified
Denis M. Declercq $8,966.09 – $107,593.08
Lucia Mar Unified
Sidney C. Richison $10,585.38 – $127,024.56
Sharon R. Roemer $8,369.13 – $100,429.56
Paso Robles Joint Unified
John D. Morse $9,456.80 – $113,481.60
Edwin A. Railsback $8,936.68 – $107,240.16
Patrick J. Sayne $9,031.52 – $108,378.24
Pleasant Valley Joint Union Elementary
C.L. Cartwright $9,946.72 – $119,360.64
Julie A. Cavaliere $11,151.11 – $133,813.32
Patrick Fitzgerald $8,793.95 – $105,527.40
Howard Hamilton $11,863.84 – $142,366.08
James R. Voss $9,103.52 – $109,242.24
San Luis Coastal Unified
Nancy E. Howland $10,238.79 – $122,865.48
Mary A. Matakovich $12,276.04 – $147,312.48
Edward Valentine $19,675.61 – $236,107.32
Peter J. Zotovich $10,132.79 – $121,593.48
San Luis Obispo County Community College District
Lewis L. Bedell $8,467.35 – $101,608.20
Susan M. Dressler $10,908.86 – $130,906.32
William L. Fairbanks $10,221.28 – $122,655.36
Randall D. Gold $8,897.40 – $106,768.80
Warren E. Hansen $8,539.60 – $102,475.20
Allan R. Marshall $8,908.43 – $106,901.16
Mary N. Parker $9,961.02 – $119,532.24
San Luis Obispo County Office of Education
John D. Barnhart $11,577.86 – $138,934.32
Jeanne E. Dukes $8,632.46 – $103,589.52
Templeton Unified School District
Richard G. Duke $8,573.15 – $102,877.80
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