Audit: Wayne County defined‑benefit pension posts stronger returns; funded ratio improves
An Office of the Legislative Auditor General limited review found the Wayne County Employees Retirement System defined‑benefit plan received an unmodified opinion and saw total assets rise to about $1.1 billion in fiscal 2025, with the funded ratio improving to roughly 76.6%.
The full story
The Office of the Legislative Auditor General presented a limited‑review financial assessment of the Wayne County Employees Retirement System defined‑benefit plan and reported an unmodified (clean) opinion on the audited financial statements.
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