Craig Karmin
Business & Economics
Pension Calculus Draws New Scrutiny
A California dustup over large pension payments is shining a spotlight on the practice of spiking — increasing a salary just before retirement and boosting the lifelong payout. Pete Nowicki had been making $186,000 shortly before he retired in January as chief for a fire department shared by the municipalities ...
Pension Calculus Draws New Scrutiny
A California dustup over large pension payments is shining a spotlight on the practice of spiking — increasing a salary just before retirement and boosting the lifelong payout. Pete Nowicki had been making $186,000 shortly before he retired in January as chief for a fire department shared by the municipalities ...
