Education

These are the top CalSTRS pensions that exceed IRS limits

More than 300 former school administrators in California are collecting pensions that exceed IRS limits.

To comply with tax law, the California State Teachers’ Retirement System sends the retirees two separate checks: one for the maximum amount allowed under the law and another classified as wages for tax purposes. Below, see the top 25 pensions on the above-limits list.

Related stories from Merced Sun-Star

Wes Venteicher anchors The Bee’s popular State Worker coverage in the newspaper’s Capitol Bureau. He covers taxes, pensions, unions, state spending and California government. A Montana native, he reported on health care and politics in Chicago and Pittsburgh before joining The Bee in 2018.
  Comments