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What controls are in place to protect the pension fund from fraud or theft?

April 26, 2017controls fraud fund Pension protect theft

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What controls are in place to protect the pension fund from fraud or theft?

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A. Numerous internal controls are in place to protect the fund against fraud and theft. These internal controls are reviewed on a regular basis by an independent, third-party auditor to ensure that they work; the results are reported directly to OPB’s Audit Committee.