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CaIPERS Pension Buck <br />Essentially, every 68 cents out of every public employee <br />pension dollar is funded by investment earnings and <br />employee contributions, with employers making up the <br />d iffe re n ce <br />In FY 2019-20, CaIPERS paid out nearly $25.8 billion in <br />pension benefits <br />u `�Ey � .i I :H � im•'t_ * �4_J . �� �-'iii, <br />I fr <br />Redwood <br />