August 16th, 2010, 3:01 pm · posted by BRIAN JOSEPH, Sacramento Correspondent
Updated with additional calculations by the Watchdog
The Watchdog’s recent story about the mystery surrounding Jerry Brown’s pension has shaken out some answers — and whole lot more questions.
Brown campaign spokesman Sterling Clifford said in a email this afternoon that the gubernatorial candidate spoke with officials at the California Public Employees’ Retirement System today and they told him that at the conclusion of his term as attorney general he will have accrued 16 years in the Legislators’ Retirement System. He also has 9.2 years in PERS, the system available to most state employees: eight from his years as Mayor of Oakland, 1.2 years from time he served as a California Supreme Court law clerk. Sterling writes, “If he were to retire in both systems next year, his pension would be $78K. If he were elected governor, it would go up slightly based on a high salary of whatever the Governor’s salary is. ”
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