SACRAMENTO (Legal Newsline) – California gubernatorial candidate and state Attorney General Jerry Brown revealed this week that he’ll earn more than $70,000 from two public pension systems if he retires next year.
Should he be elected to a third term as governor, he would receive slightly more, his office said Monday.
Brown campaign spokesman Sterling Clifford told the Fresno Bee the pension figure — $78,450 to be exact — stems from 16 years of service credit with the Legislators’ Retirement System, or LRS, including eight years as governor, four years as secretary of state and four years as attorney general.
Brown also has accumulated 9.2 years of service with the California Public Employees’ Retirement System, or CalPERS, from his eight years as mayor of Oakland and 1.2 years clerking at the state Supreme Court, the Bee said. CalPERS administers the LRS system.
As attorney general, Brown does not currently receive a pension, the Bee reported.
Questions about Brown’s pension arose last week when the Orange County Register reported that LRS records showed the only active member with Brown’s age and pay level was credited with 25 to 29 years of service.
If that person was, in fact, Brown, the extra nine or more years of service would’ve meant he would receive more benefits than he was entitled to.
Brown’s campaign responded last week that he had only 16 years of service credit with the LRS, and the new data released Tuesday told the same story, according to the Bee.
From Legal Newsline: Reach Jessica Karmasek by e-mail at firstname.lastname@example.org.