Economic Impacts of Benefit Payments

View the economic impacts of CalPERS pension benefit payments as of June 30, 2020 by California legislative districts and counties.

The maps represent the economic impacts per benefit recipient relative to Gross Regional Product per capita (weighted economic impacts). The weighted economic impacts describe how pension benefit payments affect the regional economy.

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County  Economic Impact Weighted Economic  Impact1  Employment Supported
Alameda
$931,998,292
$0.49
4,846
Alpine
$959,329
$0.23
6
Amador
$69,966,632
$0.72
435
Butte
$258,861,154
$0.70
1,569
Calaveras
$42,711,110
$0.66
264
Colusa
$7,851,734
$0.22
45
Contra Costa
$654,932,820
$0.53
3,492
Del Norte
$36,150,772
$0.75
223
El Dorado
$302,489,431
$0.74
1,867
Fresno
$511,229,362
$0.69
3,063
Glenn
$15,260,659
$0.32
97
Humboldt
$164,571,072
$0.66
1,014
Imperial
$47,897,057
$0.42
308
Inyo
$20,799,837
$0.33
126
Kern
$391,279,655
$0.59
2,414
Kings
$87,711,235
$0.52
529
Lake
$42,198,875
$0.66
253
Lassen
$41,496,667
$0.55
239
Los Angeles
$3,278,554,942
$0.50
17,972
Madera
$103,535,685
$0.68
596
Marin
$114,303,648
$0.31
606
Mariposa
$11,894,415
$0.37
71
Mendocino
$60,590,169
$0.56
368
Merced
$81,448,479
$0.61
516
Modoc
$6,412,733
$0.31
39
Mono
$8,047,394
$0.37
46
Monterey
$270,335,634
$0.56
1,611
Napa
$142,064,594
$0.37
823
Nevada
$121,549,293
$0.60
777
Orange
$1,742,453,907
$0.56
9,697
Placer
$745,832,367
$0.67
4,311
Plumas
$14,908,498
$0.37
91
Riverside
$1,422,801,141
$0.91
9,316
Sacramento
$2,688,360,900
$0.69
15,654
San Benito
$24,897,025
$0.51
148
San Bernardino
$1,114,877,094
$0.71
6,890
San Diego
$1,408,672,561
$0.46
8,256
San Francisco
$157,480,902
$0.13
644
San Joaquin
$420,017,858
$0.71
2,576
San Luis Obispo
$469,968,467
$0.64
2,953
San Mateo
$239,674,715
$0.16
1,126
Santa Barbara
$206,040,795
$0.49
1,199
Santa Clara
$762,984,691
$0.18
3,692
Santa Cruz
$279,375,835
$0.72
1,593
Shasta
$272,444,272
$0.77
1,721
Sierra
$2,266,197
$0.46
13
Siskiyou
$44,107,417
$0.47
288
Solano
$401,044,239
$0.51
2,441
Sonoma
$435,726,268
$0.56
2,492
Stanislaus
$265,067,518
$0.68
1,626
Sutter
$81,547,609
$0.75
525
Tehama
$43,440,934
$0.64
279
Trinity
$10,390,300
$0.52
67
Tulare
$195,657,709
$0.54
1,251
Tuolumne
$78,012,346
$0.68
485
Ventura
$431,546,145
$0.58
2,542
Yolo
$223,543,710
$0.46
1,277
Yuba
$35,743,573
$0.42
213

Footnotes

  1. Computed by dividing the economic impact per number of benefit recipients relative to Gross Regional Product (GRP) per capita. This value represents the magnitude of the economic impacts generated by CalPERS pension benefit payments and describes how pension benefit payments affect a region's economy.

    Note: While areas with large GRPs have larger economic impacts from pension benefit spending, areas with smaller GRPs, relative to CalPERS pension benefits, tend to have a greater economic impact because the payments represent a larger share of the area’s overall economy.
CalPERS Economic Impacts of Benefit Payments by County