Before the audit by CalPERS, Rizzo was in line to collect $600,000 to $1 million per year.
Now though, he's expected to get less than $100,000 a year.
Rizzo is one of eight former and current city leaders charged with misappropriating more than $5.5 million from the city treasury.
The Justice Department is investigating potential civil rights and voting rights violations by the city, and the state controller, the U.S.
The /*Securities and Exchange Commission*/ and the State Department of Corporations also are investigating Bell's finances.
City News Service contributed to this report.