Audit report shows UW System overspent nearly $33 million - WXOW News 19 La Crosse, WI – News, Weather and Sports |

Audit report shows UW System overspent nearly $33 million

MADISON (WKOW) -- The UW-System overspent $15.4 million on health insurance premiums and $17.5 million on employee retirement funds, according to an audit report from the Legislative Audit Bureau.

From May 2011 through September 2012, the report identified $8 million of the $15.4 million in overpayments were for health insurance premiums paid for 924 terminated employees. The UW-System has been able to recover only $228,000 of the overpayments. According to the report, provisions in the contracts between the State and health insurance providers limit the UW System's ability to recover the full amount. 

The report also showed the UW-System overpaid the Wisconsin Retirement System $17.5 million for the calendar year of 2011. The Department of Employee Trust Funds has credited the system for that full amount.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WXOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy, Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Theresa Wopat at 507-895-9969. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.