• Public employee pensions are not excessive – they average $2,876per month for retired career public servants.

  • Pensions don’t bankrupt governments – less than 3% of the State Budget is needed to pay pension benefits.

  • 74% of pensions are funded by employee contributions and investment returns, not the taxpayer.

  • Salaries for public employees are less than their private sector counterparts, underlining the importance of a secure pension plan.

PECG Retirement and Deferred Compensation Committee Reports

June 2018 Quarterly Report
March 2018 Quarterly Report
December 2017 Quarterly Report
September 2017 Quarterly Report
June 2017 Quarterly Report
March 2017 Quarterly Report

Californians for Retirement Security

Californians for Retirement Security (CRS) is a coalition of more than 1.5 million Californians representing public employees and retirees, working to protect retirement security for California’s middle class.  Professional Engineers in California Government (PECG) is one of the founding members and is part of the Executive Committee.