The State Worker

September 9, 2014 4:33 PM

Audit: CalPERS lacks strong pension spiking controls

California’s largest public retirement system lacks a routine method for detecting pension spiking, according to a new report released by state Controller John Chiang, and the pace at which it does check employers’ payroll is glacially slow.

The State Worker

Chronicling civil-service life for California state workers

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