Personal Finance Advice and Commentary

Friday, September 16, 2011 3:18 pm
By Barbara Whelehan · Bankrate.com

Last week the nation’s third-largest public pension fund announced it had established a pension abuse reporting hotline. The California State Teachers’ Retirement System’s new hotline enables anyone to anonymously report cases of suspected pension abuse, such as incidents of “pension spiking.” That’s a slick retirement planning maneuver practiced by some public-sector employees to work overtime