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California Widens Audit of Pension Spiking
Bloomberg Aug. 31, 2012
"California Controller John Chiang has expanded his audit of the California State Teachers' Retirement System's efforts to curb so-called pension spiking ... The review to determine whether educators improperly received late-career raises to boost their pensions has widened from the second-largest pension itself, known as CalSTRS, to also include five school districts[.]"
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