Big pensions on the rise in Georgia retirement systems

L.C. “Buster” Evans, director of the Georgia Teacher Retirement System. Jason Getz jgetz@ajc.com

L.C. “Buster” Evans, director of the Georgia Teacher Retirement System. Jason Getz jgetz@ajc.com

With baby boomers retiring in droves the number of big state pensions being paid out has been on the rise of late.

Top administrators, such as school superintendents, university deans and presidents and some state agency heads, make big salaries and if they put in 30 years or more working in Georgia, the retirement rewards can be substantial.

An Atlanta Journal-Constitution analysis of retirement records shows the number of state system retirees getting pensions of more than $100,000 a year more than doubled in the last six years. However, state law makes it illegal for retirement officials to disclose who those. or any recipients, are.

To read more about the run-up of big state pensions, check out our full story at myajc.com