Audit examines PERAC practices related to disability retirement benefits for public employees. It looked at the period of July 1, 2015 through June 30, 2017.
Audit Audit of the Public Employee Retirement Administration Commission
|Binder organization:||Office of the State Auditor|
|Date published:||June 28, 2018|
In accordance with Section 12 of Chapter 11 of the Massachusetts General Laws, the Office of the State Auditor has conducted an audit of certain activities of the Public Employee Retirement Administration Commission (PERAC) for the period July 1, 2015 through June 30, 2017. This audit was undertaken to determine whether PERAC effectively administered various aspects of the disability retirement process for public employees and conducted its oversight activities in compliance with applicable laws and regulations.
Below is a summary of our finding and recommendations, with links to each page listed.
PERAC did not always approve disability retirement benefits calculated by retirement boards.
After our audit ended, PERAC’s general counsel and deputy director informed us that PERAC had begun the process of contacting retirement boards as necessary to request that the calculations identified in the audit be submitted for review and approval.