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Board directs further research on pension enrollment-date discrepancy found in audit
Summary
Board members discussed an audit finding about an employee enrollment date discrepancy and asked staff and the actuary to continue research before returning a recommendation.
The Winter Springs Pension Board asked staff and the plan actuary to continue researching a census discrepancy identified during the fiscal year 2023 financial audit and to return with findings before the audit is finalized.
The issue was first raised on the board's agenda item 502 (August) and concerns the date on which an employee became a member of the city's retirement plan; staff told the board more work is needed to…
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