A new ranking of public pensions for California’s retired K-12 and community college educators puts three former Orange County executives at the very top.
With $347,855 in pension payments last year, retired Orange County Superintendent of Schools Bill Habermehl comes in with the largest retirement payout in the 879,000-member CalSTRS system, according to data published by the right-leaning Transparent California website.
Coming in at number two is former Tustin Unified School District Superintendent Richard Bray, at $307,135 last year.
And third is Edward Hernandez, former superintendent of Rancho Santiago Community College District, at $304,652.
The average pension at CalSTRS, meanwhile, runs at a far lower $44,328 per year, according to the retirement system.
(Click here to view the full list at Transparent California.)
Known officially as the California State Teachers’ Retirement System, CalSTRS manages the pensions of the vast majority of retired K-12 and community college educators in California.