To guard against pension spiking, the California State Teachers’ Retirement System has a system that electronically identifies suspiciously high pay hikes.
When accused of ignoring pension spiking among top school administrators, CalSTRS officials repeatedly pointed to this computerized safeguard. “Automated programs flag excessive salary bumps from one year to the next,” CalSTRS CEO Jack Ehnes assured the public in The Bee last year. “CalSTRS conducts reviews to determine whether the increase was appropriate or not.”
via Editorial: CalSTRS still doesn’t realize it has a pension spiking problem.