There are 145 people who are retired from the City of Benicia and are collecting pensions, according to a retirement compensation list posted by the San Jose Mercury News and other newspapers.
Many of them are receiving more than $100,000 a year and a select few are receiving over $150,000 a year in pension payments.
There are 12 retirees who receive less than $500 a month, including former Mayors Jerry Hayes and Marilyn O’Rourke.
Among other reforms, the legislation raises the retirement age for most new employees from 55 to 67 to receive full benefits. It also eliminates so-called "double dipping" and caps the pensions of highly paid retired workers.
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