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Audit Report on Pedagogical Pensioners of the New York City Teachers' Retirement System Working for the City After Retirement (FL08-110A)

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An audit report was filed on June 30, 2008 on the pedagogical pensioners of the New York City Teachers' Retirement System working for the City after retirement for the period January 1, 2006 to December 31, 2006. The objective of the audit was to identify pensioners who may be reemployed by a City agency and illegally collecting a pension from the New York City Teachers' Retirement System (TRS) and to quantify amounts of any improper payments to these individuals. The audit determined that 24 pensioners received $215,134 in pension payments during 2006 who appeared to violate applicable sections of State and City laws. Recommendations were made to handle these individuals and to address future incidents.

Agency
Subject
Report type
  • Audit Report
Date published
  • 2008-06-30

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