Delaware Public Employees Retirement System (DPERS) – County & Municipal Other Employees June 30, 2019

What Was Performed? An audit of the Schedule of Employer Allocation and Schedule of Pension Amounts by Employer for the Delaware Public Employees' Retirement System County & Municipal Other Employees’ Pension Plan as of June 30, 2019 was performed. The County & Municipal Other Employees’ Pension Plan (the Plan) is a cost sharing multiple-employer defined-benefit pension plan established in the Delaware Code. The Plan is administered by the Delaware Public Employees' Retirement System (DPERS). The General Assembly is responsible for setting benefits and contributions and amending plan provisions; administrative rules and regulations are adopted and maintained by the Board of Pension Trustees (the Board). The management of the Plan is the responsibility of the Board. The Board is comprised of five members appointed by the Governor and confirmed by the State Senate, plus two ex officio members. The daily operation is the responsibility of the Office of Pensions. The report is beneficial to County & Municipal Employees and Employers, Members of the General Assembly, the Board of Pension Trustees, and those parties who are interested in the Plan’s accountability for the money it receives. Why This Audit? This audit was conducted by BDO USA, LLP under the direction of the Office of Auditor of Accounts in accordance with 29 Del. C. §2906.