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MARCH OF DIMES CANADASSPIKING FOR DIMES Saturday, January 27, 2018 10:00 M 2:00 PM Get your corporate team together now for this fast and fun charity tournament Impact with no training, just loads
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Spiking for dimes refers to the act of artificially inflating the salary of a public employee nearing retirement in order to increase their pension benefits.
Employers of public employees are required to file spiking for dimes in cases where salary increases are suspected to be for the purpose of pension spiking.
Spiking for dimes forms usually involve reporting the details of salary increases and any supporting documentation that shows the increases were not for legitimate reasons.
The purpose of spiking for dimes is to prevent public employees from artificially increasing their pension benefits by manipulating their salaries before retirement.
Information such as the employee's salary history, the timing of salary increases, and any justifications for the increases must be reported on spiking for dimes.
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