Pension Payments

Audit Report compares LADWP, City and County Workers' Pension Payments

Retired employees of the Los Angeles Department of Water and Power are paid higher monthly pensions compared to retired public servants from the county and the city. This was revealed in an audit report that was released by the City Controller Ron Galperin. Retirees from LADWP were offered an average pension payment of $5,212 per month in the financial year that ended on July 1, 2015. The city retirees received an average monthly pension payment of $ 4,023 while retired workers of the country were paid $3,881 per month.