State Auditor Bump Discovers State Retirement Board Paid $687K to Dead People
Board Has Taken Steps to Address Problem, Recoup Funds BOSTON, MA — Auditor Suzanne M. Bump today issued an audit of the Massachusetts State Retirement Board (MSRB), which found that the agency made more than $687,000 in payments to deceased pensioners, and underpaid more than $271,000 to pensioners whose designated beneficiaries had died. The error […]