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AFMD-83-3 1 (1982-10-22)

handle is hein.gao/gaobabdrw0001 and id is 1 raw text is: 




BY THE COMPTROLLER GENERAL



Report To The Congress

OF THE UNITED STATES




Inadequate Internal Controls Affect Quality

And Reliability Of The Civil Service

Retirement System's Annual Report


The Office of Personnel Management did not
esta lish adequate internal control and report-
ing irocedures to ensure the reliability of the
financial and actuarial information it presented
in the Civil Service Retirement System's annual
report for fiscal 1980, required by Public Law
95-,95 and published in February 1982.

GAL found that
   -controls over computer programs used in
   performing actuarial valuations were weak,
   --poor recordkeeping and processing delays
   resulted in unreliable records of accounts
   receivable, and

   -relevant information, considered essential
   for a fair presentation of the annual report,              119733
   was either omitted or not adequately dis-
   closed.

 OPM agreed with the basic thrust of this report
 ano has already taken action or plans to act to
 correct many of the problems discussed.








       w                                                   GAO/AFMD-83-3
       '0                                                   OCTOBER 22, 1982


y

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