News in Brief

AFT Takes on Pension Spiking

Article Tools
  • PrintPrinter-Friendly
  • EmailEmail Article
  • ReprintReprints
  • CommentsComments

The executive committee of the American Federation of Teachers, the nations second-largest teachers union, with 1.5 million members, called for an end to pension spiking and double-dipping in recommendations released last week. The union acknowledged that some pension practices inflate costs, including raising compensation near the end of a workers career to sweeten benefits payouts, known as spiking, and double-dipping, when an employee retires and is rehired, receiving both a pension and a salary.

Vol. 30, Issue 32, Page 5

Published in Print: May 25, 2011, as AFT Takes on Pension Spiking
Related Stories
Notice: We recently upgraded our comments. (Learn more here.) If you are logged in as a subscriber or registered user and already have a Display Name on, you can post comments. If you do not already have a Display Name, please create one here.
Ground Rules for Posting
We encourage lively debate, but please be respectful of others. Profanity and personal attacks are prohibited. By commenting, you are agreeing to abide by our user agreement.
All comments are public.

Back to Top Back to Top

Most Popular Stories