REPORT DIGEST

PUBLIC SCHOOL TEACHERS’
PENSION AND RETIREMENT FUND OF CHICAGO

SPECIAL LIMITED SCOPE COMPLIANCE EXAMINATION
FOR THE TWO YEARS ENDED JUNE 30, 2019

Release Date:  November 21, 2019

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 State makes contributions to the Public
School Teachers’ Pension Fund of Chicago
(Fund) as required by Section 17-127 of the
Illinois Pension Code. Our special limited
scope compliance examination was restricted
to this expenditure authority and associated
expenditures from the Common School Fund,
which totaled $11,692,000 in Fiscal Year
2018 and $238,869,000 in Fiscal Year 2019.

ACCOUNTANT’S OPINION

The accountants conducted a special limited
scope compliance examination of the Fund for
the two years ended June 30, 2019, 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

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