Fewer California state employees retired in the first nine months of 2015 than the year before, according to new CalPERS data, although the number of new retirees from January through September was still higher than in 2013.
So far this year, 5,610 employees have started drawing retirement benefits, down 7 percent from last year. Two years ago, 5,207 retired during the same nine-month period. Recent and coming pay raises have likely prompted some state workers of retirement age to stick around a bit longer so that their higher salaries will figure into their pensions.
Meanwhile, 13,719 employees retired from school and special districts and local and regional government agencies, up 3 percent from last year, CalPERS data show.
These charts detail the numbers. Hat tip to CalPERS’ Amy Morgan for faithfully shipping the data our way each month.
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