REPORT DIGEST PUBLIC SCHOOL TEACHERS’ PENSION AND RETIREMENT FUND OF CHICAGO SPECIAL LIMITED COMPLIANCE EXAMINATION TESTING OF STATE APPROPRIATIONS For the Two Years Ended: June 30, 2013 Release Date: December 12, 2013 Summary of Findings: Total this audit: 0 Total last audit: 0 Repeated from last audit: 0 State of Illinois, Office of the Auditor General WILLIAM G. HOLLAND, 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 Illinois General Assembly makes direct appropriations annually to the Public School Teachers’ Pension and Retirement Fund of Chicago (Fund). The appropriations and expenditures from the General Revenue Fund totaled $10,449,000 in Fiscal Year 2012 and $10,931,000 in Fiscal Year 2013. Our special compliance testing was limited to these State appropriated expenditures made directly to the Fund. There were no material findings of noncompliance disclosed during our examination. AUDITORS' OPINION We conducted a special limited compliance examination as required by the Illinois State Auditing Act. The Fund has no State funds that require an audit leading to an opinion on financial statements. WILLIAM G. HOLLAND Auditor General WGH:JGR AUDITORS ASSIGNED: This examination was performed by the Office of the Auditor General’s staff.