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Bell pensions on hold until investigation is finished

Three highly paid administrators in Bell will not be permitted to draw their state pensions until the attorney general determines whether the city broke the law in awarding the hefty paychecks, according to an official with the California Public Employees’ Retirement System.

“CalPERS is concerned about the situation, and our intention is to not [to] entertain applications for pensions from any of these people until the investigation is complete,” said Pat Macht, the agency's external affairs director.

The Times reported reported earlier this month that Bell's top officials received some of the highest municipal wages in the nation.

City Administrative Officer Robert Rizzo made $787,637 a year, almost twice the salary of President Obama; Police Chief Randy Adams made $457,000, 50% more than Los Angeles Police Chief Charlie Beck; and Assistant City Manager Angela Spaccia made $376,288, more than the top administrator for Los Angeles County.

All three resigned last week in the face of mounting anger in the small, working-class city southeast of downtown Los Angeles.

In retirement, Rizzo would become the highest-paid retiree in the California Public Employees’ Retirement System, the state’s big pension system. He would earn more than $600,000 a year for the rest of his life, according to calculations made by The Times and reviewed by pension experts.

Rizzo would be the highest-paid person in the state's pension system and Adams, who would receive an estimated $411,000, would be the third-highest paid.

“CalPERS is working closely with the attorney general on this matter and not a dollar will be paid until we have the full and complete picture,” Macht said.

-- Marc Lifsher in Sacramento

 
Comments () | Archives (9)

I am so glad to hear this news.

For the hard working state worker that makes less that $50,000 after over 30 years of service, it certainly is not fair that these ridiculous salaries would lead these few to outrageous pensions.

I hope that the Attorney General's office can find a way to stop this injustice.

best news i've heard all day!

YEAH baby!!!

Block their pensions permanently.

Wow pensions on hold but they can't reduce State employee's pay to min wage.

CROOKS, CROOKS - like all of those political hacks in Sacramento!

those three corrupt officials should have their pensions put on hold indefinitely.

I appreciate the Times breaking this story & the continuing coverage you are providing. I'd like to hear how the reporters broke this story! I bet that's a story in itself.

If their pensions are blocked and they have resigned... gee, no income. Do we know for a fact that these people did resign? We've only heard that from the crooked city council itself. No comments from the three amigos themselves. I just wonder if they're still on the payroll.


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L.A. Now is the Los Angeles Times’ breaking news section for Southern California. It is produced by more than 80 reporters and editors in The Times’ Metro section, reporting from the paper’s downtown Los Angeles headquarters as well as bureaus in Costa Mesa, Long Beach, San Diego, San Francisco, Sacramento, Riverside, Ventura and West Los Angeles.
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