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Description: The State Controller’s Office (SCO) completed a review of the California Public Employees’ Retirement System (CalPERS) to determine whether controls were in place to detect and prevent pension payments based on unusually large or excessive final compensation amounts, commonly known as pension spiking. The SCO specifically reviewed the electronic methods used to identify pension spiking and the review processes used by CalPERS to oversee its reporting entities for the period of July 1, 2010, through June 30, 2012.
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Subject: California Public Employees' Retirement System , Pensions--California, California Public Employees' Retirement System -- Auditing
Creator: California. Office of State Controller
Language: English
Coverage: California
Format: Government Documents
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