This right here is the problem with PERS. The ultra wealthy top 1% earners "retiring," then collecting our tax dollars while moving on to the next 6 or 7 figure salary. Mike Bellotti is another classic example. But we listen to the rhetoric that the problem is the school secretary or police officer collecting the PERS retirement that they legally bargained for. Want to fix PERS?  Simple solution. Anyone moving on to another salary over $250k is ineligible for PERS. Period end of story.