Phoenix Business Journal:  “Goldwater Institute attorneys have filed a lawsuit in Maricopa County Superior Court asking a judge to force Phoenix to stop the practice of pension spiking. The lawsuit was filed on behalf of three city taxpayers.  Some county executives as well as police officers and fire fighters have been able to inflate their pension payments by cashing in unused sick leave, vacation time and in some instances deferring overtime pay so they have an inflated final salary which is part of city pension formulas.

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