PERAC Memo #20 - 2009: Revisions to PERAC’s Accounting Manual for Massachusetts Pension Systems

Revisions to PERAC’s Accounting Manual for Massachusetts Pension Systems

View original on MA State Library

Summary

This memo announces PERAC's 2009 update to the Accounting Manual for Massachusetts Pension Systems, with revised pages provided to replace the originals distributed in 2008. Boards should update their physical manuals with the enclosed pages (or download them from PERAC's website) and note that future updates will be distributed electronically via email notification rather than in print.

Full Text

MEMORANDUM #20, 2009 M E M O R A N D U M TO: All Retirement Boards FROM: Joseph E. Connarton, Executive Director RE: Revisions to PERAC’s Accounting Manual for Massachusetts Pension Systems DATE: May 7, 2009 PERAC has updated the accounting manual that was initially distributed to retirement boards in August of 2008. The attached 2009 Update Advisory provides details about the changes that have been made. We have provided you with a set of the updated three-hole-punched, double-sided pages that you should insert your manual after deleting their original counterparts. The updated accounting manual will be posted on PERAC’s Home Page, www.mass.gov.perac under Publications and under the Audit Unit. The 2009 Update Advisory as well as a file that consists solely of the updated pages will also be posted. Our inventory of remaining copies of the Accounting Manual, the 2009 Update Advisory, and sets of the updated three-hole-punched, double-sided pages will be available on a first-come, first-serve basis at MACRS.
From this point on, the accounting manual will be updated on the Web when necessary. Board administrators will be notified of such changes via e-mail and asked to download the amended pages from the website. This approach is being taken because we can reduce expenditures for paper and postage and we can all benefit from being “greener”. If you find that copying updates from the Website doesn’t work for you, we will provide assistance upon request.