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California Public Agencies Are Required to Report Their 401(a) Plans to The State on an Annual Basis
Best Best & Krieger 
[Guidance Overview] Mar. 5, 2024 "[T]he State Controller's Office (SCO) confirmed that the SCO indeed expects all California public employee retirement systems to annually furnish it with a 'Financial Transactions Report' (FTR) and audited financial statements. According to the SCO, the term 'public employee retirement systems' ... includes all independently maintained public agency Internal Revenue Code Section 401(a) plans, whether they are defined benefit or defined contribution." MORE >> |
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