Maxwell, Stevens and CalPERS Benefits
Two of the principals named in the performance bond insurance claim seeking damages to replenish the raided county treasury are drawing nearly $4,000 to $5,000 a month in retirement benefits, according to public records.
Mike Maxwell, retired chief administrative officer of Modoc County, received a gross monthly benefit of $3,349.54 from Jan. 9, 2009 to March 31, 2011, according to the California Public Employees’ Retirement System (CalPERS).
Judith Stevens, retired county auditor, received a gross monthly pension benefit of $4,675.38 for the same period, according to records obtained by the Modoc County Daily News under the California Public Records Act.
Both Maxwell and Stevens, among others, are named in the insurance claim as two of the top county officials most likely responsible for the treasury misappropriation of $20 million.
Alice Marrs, named as a lesser party to the misappropriation, has a lifetime monthly benefit of $1,217.65, according to the CalPERS records.
Alice Marrs, named as a lesser party to the misappropriation, has a lifetime monthly benefit of $1,217.65, according to the CalPERS records.
Former Supervisors Dan Macsay, Dave Bradshaw and Mike Dunn, all listed in the performance bond claim, are not currently receiving monthly retirement benefits from CalPERS.
-- Ray A. March
