Wednesday, November 13, 2013

Hot Line for State Pension Fund Audit

In July the NYS Department of Financial Serives (DFS) announced an audit of the seven public pension funds in New York State.

Here's a news article dated yesterday announcing that the DFS has set up a hot line for whistle blowers to report wrong doing at any of the public pension funds in New York State. You can also check the DFS web site for the phone number .

I guess the the DFS auditors have found a need to go around the the management structures at the state and city pension funds to get a more unfiltered view of events at the pension funds.

Or maybe they read my posting about investment consultants.

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