Joseph E. Connarton, Executive Director
September 5, 2012
Gerard E. Miller, Chairman
Pittsfield Retirement Board
114 Fenn Street
Pittsfield, MA 01201
REFERENCE: Report of the Examination of the Pittsfield Retirement Board for the three-year period from January 1, 2008 through December 31, 2010.
Dear Mr. Miller:
The Public Employee Retirement Administration Commission has completed a follow-up review of the findings and recommendations contained in its audit report of the Pittsfield Retirement Board for the period referenced above. We conduct these visits as a regular part of the oversight process. They are designed to ensure the timely implementation of corrective action for the recommendations cited in that report. The results are as follows:
1. The Audit Report cited a finding that due to errors made by the City Treasurer’s Office, the Board had to pay a penalty to the Internal Revenue Service.
Follow-up Result: In July 2012 the City reimbursed the Retirement Board the amount of the penalty. This issue is resolved.
2. The Audit Report cited a finding that retirement deductions were being incorrectly withheld from payments for hazardous material team training time.
Follow-up Result: A review of a recent payroll shows that “haz mat” training pay is now excluded from having retirement deductions withheld. This issue is resolved.
The Commission wishes to acknowledge the effort demonstrated by the staff of the Pittsfield Retirement Board to correct the issues cited in the most recent examination of the system.
Thank you for your continued cooperation in this important matter.
Joseph E. Connarton