Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Mismanagement Of OSHERS Revealed By State Audit

https://www.forbes.com/sites/allbusiness/2017/01/17/3-solid-retirement-strategies-for-business-owners/#272ed9864e0f

The Nebraska State Auditor is releasing a report on the Omaha School Employees Retirement System. According to the report, there was a one-point-one-billion-dollar shortfall in 2023 due to alleged mismanagement and miscalculations. The report also said the loss of key managers forced the retirement system to contract a temporary staffing agency. Auditors say 15-thousand retirees may have received less than what they're owed, while one retiree received a 53-thousand-dollar overpayment.