I’m sure you heard that AG Cuomo is investigating Pension spiking.  via the WSJ

New York became the latest state to shine a light on the practice of pension “spiking”—big increases in a government worker’s salary just before retirement to boost the lifelong pension payout.

New York Attorney General Andrew Cuomo said Thursday his office was investigating what he called “manipulation” of government workers’ salaries and overtime pay to increase their pensions, which are mostly calculated based on the final years of income. Mr. Cuomo called the moves a burden to taxpayers.

Spiking, which is legal in most places, has come under increased scrutiny in the past couple of years. As private-sector workers have fallen upon tougher times and have seen their retirement savings shrink, anger has grown over what are perceived to be overly generous retirement benefits for public employees. In particular, six-figure pensions that can result from spiking have drawn headlines.

Remember this line?

A look at who is working overtime shows the ranks still dominated by officers at or nearing retirement eligibility.

Um, that would be reference to some of the $6.5 million dollars in City of Rochester Police overtime.

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5. Rochester Police Overtime - $6.5 million down from $9.6 million