State and local workers: Gone but not off the books
"The retired city administrator of Vernon, Calif., pulls down a pension of $43,320.53 a month - or close to $520,000 a year - through the underfunded California Public Employees' Retirement System (CalPERS), which covers about half of all government workers in the state and is the nation's largest public pension administrator.
Malkenhorst receives that princely stipend by virtue of having held six four-day-a-week jobs at the same time in Vernon, a speck of an industrial town just south of Los Angeles.
He was Vernon's city manager, city clerk, finance director, treasurer, redevelopment agency secretary and director of light and power."
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