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29 Pension Fixes Urged by Auditors of San Diego City Employees Retirement System in February 2005
The San Diego Union-TribuneLink to more items from this source
Sept. 22, 2005
Excerpt: Independent auditors uncovered a number of accounting problems in the San Diego pension system earlier this year, including fund balances that had not been reconciled, wire transfers with no corroborating material and no formal policy for processing expenditures. In a February memo to the San Diego City Employees Retirement System, the auditing firm outlined 29 recommended fixes for the fund's 2004 financial statements.

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