No it’s not a list of the 500 most valuable corporations in California. It’s a list of California’s 500 most valuable retired public employee pensions. They all exceed $180,000 a year. The highest one is paid to a Mr. Bruce V. Malkenhorst. He retired from the good city of Vernon, doing what I don’t know. He’s been retired, happily I would guess, since 2005 on $45,073.51–a month. Check out Open the Books for a different type of face book.
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