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CalPERS Responds: State Controller's Office 'Did Not Identify Pension Spiking'
CalPERS 
Sept. 9, 2014
"A review conducted by the State Controller's Office (SCO) 'did not identify pension spiking' among the dozen public agencies included in the review that contract with [CalPERS]. The review, which covered a 2-year period (July 2010-June 2012), recommended no material changes to the Pension Fund's efforts to audit agencies for pension spiking and acknowledged CalPERS had effective processes in place to recoup overpayments."
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