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PRB warns 13 pension systems face noncompliance notices over late fiscal reports
Summary
PRB staff said 13 systems have not submitted 2024 fiscal data; 60 days of noncompliance will trigger sponsor notification and potential listing at the next board meeting; staff named a few specific late reports.
PRB staff informed the board that 13 public retirement systems had not yet submitted required fiscal year 2024 reports and that the agency will begin issuing 60-day noncompliance notices in October if missing reports are not received.
"There'll be 60 days non compliance starting in October if the reports are not received before then," Brian Burnham, PRB staff analytical services team lead, told the…
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