CA Pension Fund Knew Of City’s Inflated Salaries For Four Years | Talking Points Memo

The California Public Employees’ Retirement System (CalPERS) learned that City Council officials in Bell, California were receiving ludicrously high salaries in 2006, but failed to take action, according to documents released yesterday.The Los Angeles Times reports that CalPERS learned that Bell City Manager Robert Rizzo had received a pay increase to $442,000 after he requested that his pension not be effected by the salary increase. This amounted to a 47% increase from the year before.

This is a companion discussion topic for the original entry at