Public Employees' Retirement Division Computer-Based Applications : Report to the Legislature, Edp Audit 1998
Public Employees' Retirement Division Computer-Based Applications : Report to the Legislature, Edp Audit 1998
Montana. Legislature. Legislative Audit Division
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The Montana Public Employees' Retirement Division (PERD) manages the activities of seven retirement systems and a compensation act as listed below: Public Employees' Retirement System (PERS) Municipal Pohce Officers' Retirement System (MPORS) Game Wardens' and Peace Officers' Retirement System (GWPORS) - Sheriffs' Retirement System (SRS) Judges' Retirement System (JRS) Highway Patrol Officers' Retirement System (HPORS) Firefighters' Unified Retirement System (FURS) Volunteer Firefighters' Compe...nsation Act (VFCA) The division administers defined benefit retirement plans for public employees in the State of Montana. The plans have net assets in excess of $2.4 billion. A total of 14,777 retired members and beneficiaries received retirement, disability, or survivor benefits of over $103 million, and 32,596 active members and their employers contributed over $124 million in fiscal year 1996-97. These contributions and disbursements are recorded, processed, and tracked with the aid of the division's computer applications.
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