Politics & Government

Pleasanton Pensions: What Retirees Are Receiving

List unveiled as state legislators approve a pension reform plan.

Over 300 retired city and 400 school employees in Pleasanton are now collecting pensions.

The retirement compensation is part of a list posted by the San Jose Mercury News and other newspapers.

The list was unveiled as the state Legislature last week approved a pension reform bill that is now on Gov. Jerry Brown's desk. Among other reforms, the legislation raises the retirement age for most new employees from 55 to 67 to receive full benefits. It also eliminates so-called "double dipping" and caps the pensions of highly paid retired workers.

Find out what's happening in Pleasantonfor free with the latest updates from Patch.

The Pleasanton Unified School District has over 400 retirees listed.

At the top of the list of the Pleasanton Unified School District employees is retied administrator, Merlin Donaldson, who had over 40 years of service credits. He retired with an initial monthly pension of $15,488.91, and shows a 2011 pension income of $182204.42 a year.

Find out what's happening in Pleasantonfor free with the latest updates from Patch.

At the other end of the pension list are 25 school district retirees with 2011 gross pensions of less than $10,000.

On the CalPERS database of current retirees, atop the Pleasanton city employees list is a former police chief, Timothy Neal, who worked law enforcement for more than 30 years. He retired with an initial monthly pension of $17,161.41 a month, and shows a 2011 pension of $177,472.60.

At the other end of the pension list are 11 city retirees whose 2011 gross pension came to less than $5,000.

 

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