Office of the Legislative Auditor - Financial Audit Division

Report Summary
Public Employees Retirement Association

 

Financial Audit Division Report 13-01

Released January 31, 2013

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Conclusion

The Public Employees Retirement Association’s (PERA) financial statements for the year ended June 30, 2012, were fairly presented, in all material respects, in accordance with generally accepted accounting principles.

Our report on internal controls and compliance did not contain any findings and recommendations.

Audit Objectives and Scope

Audit Objectives:

• To audit PERA’s basic financial statements for the fiscal year ended June 30, 2012.
• To report on PERA’s internal controls and compliance over financial reporting.

Audit Scope:

• Cash and Investments
• Contributions and Investment Income
• Benefit Payments