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(Neb.) - Neb. audit finds flaws in school pension fund

By: John Thayer Posted at: 05/02/2012 04:31 PM
LINCOLN, Neb. (AP) - A state audit has found that some Nebraska school district employees have not paid into the state's pension fund when they should have, and one employee improperly collected retirement benefits while continuing to work for the district.
State Auditor Mike Foley said Tuesday that the cases were isolated. But he said his auditors see a handful each year when they review the Nebraska Public Employees Retirement Systems.
The audit found that one employee, who was not identified, received more than $33,000 in retirement-benefit payouts, even though the worker was still collecting a regular paycheck from a school district. Five other workers in a sampling of 12 school districts did not contribute to the fund as required.
The audited pension fund covers school district employees, judges and the Nebraska State Patrol.

     (Copyright 2012 by The Associated Press.  All Rights Reserved.)


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