SB1038 amends the Government Code to revise audit procedures for the Public Employees’ Retirement System.

SB1038 amends the Government Code to revise audit procedures for the Public Employees’ Retirement System. It mandates that audited state agencies, school employers, and contracting agencies provide lists of affected members to the exclusive representative. It also requires the board to notify the subject of an audit in writing before initiating it, and to list the audit on the system’s internet website. The bill specifies that the board may assess a reasonable charge for excess time incurred during an audit, except for delays outside the agency’s control.

SB1038 amends the Government Code to revise audit procedures for the Public Employees’ Retirement System.

SB1038 amends the Government Code to revise audit procedures for the Public Employees’ Retirement System. It mandates that audited state agencies, school employers, and contracting agencies provide lists of affected members to the exclusive representative. It also requires the board to notify the subject of an audit in writing before initiating it, and to list the audit on the system’s internet website. The bill specifies that the board may assess a reasonable charge for excess time incurred during an audit, except for delays outside the agency’s control.