The State Auditor’s Office (SAO) has released audits on the Teacher Retirement System’s pension and other post employment (OPEB) liability schedules for fiscal year 2025.
The SAO concluded that concluded that the System’s Schedule of Employer’s Proportionate Shares and the total for all entities of the columns titled net pension liability end of year, total deferred outflows of resources, total deferred inflows of resources, and total pension expense in the Schedule of Pension Amounts by Employer and the related notes as of August 31, 2025, were materially correct.
The SAO also concluded that the System’s Schedule of Employer’s Proportionate Shares and the total for all entities of the columns titled net OPEB liability end of year, total deferred outflows of resources, total deferred inflows of resources, and total OPEB expense included in the Schedule of OPEB Amounts by Employer and the related notes as of August 31, 2025, were materially correct.
A summary of the report can be found here. The full report can be found here.
