REPORT DIGEST

PUBLIC SCHOOL TEACHERS’
PENSION AND RETIREMENT FUND OF CHICAGO

SPECIAL LIMITED SCOPE COMPLIANCE EXAMINATION
FOR THE YEAR ENDED JUNE 30, 2017

Release Date:  January 9, 2018

FINDINGS THIS AUDIT:  0
FINDINGS LAST AUDIT: 0

State of Illinois, Office of the Auditor
General
FRANK J. MAUTINO, AUDITOR GENERAL

To obtain a copy of the Report contact:
Office of the Auditor General, Iles Park
Plaza, 740 E. Ash Street, Springfield, IL
62703
(217) 782-6046 or TTY (888) 261-2887

This Report Digest and Full Report are also
available on the worldwide web at
www.auditor.illinois.gov

INTRODUCTION

The General Assembly makes direct
appropriations to the Public School Teachers’
Pension and Retirement Fund of Chicago
(Fund). Our special limited scope compliance
examination was restricted to these
appropriations and associated expenditures
from the General Revenue Fund, which totaled
$12,105,000 in Fiscal Year 2016 and
$12,186,000 in Fiscal Year 2017.

There were no material findings of
noncompliance disclosed during our
examination.

ACCOUNTANT’S OPINION

The accountants conducted a special limited
scope compliance examination of the Fund for
the two years ended June 30, 2017, as
required by the Illinois State Auditing Act.
The accountants stated the Fund complied, in
all material respects, with the requirements
described in the report.

This special limited scope compliance
examination was conducted by the Office of
the Auditor General’s staff.

JANE CLARK
Division Director

This report is transmitted in accordance with
Section 3-14 of the Illinois State Auditing
Act.

FRANK J. MAUTINO
Auditor General

FJM:MEG