Who is a member?
Our members are the local governments of Massachusetts and their elected and appointed leadership.
The Office of the Inspector General today released its first OIG Advisory for municipal officials.
The advisory, “Off-Boarding and Banking Controls Protect Public Funds From Fraud,” contains recommendations for retirement boards, state agencies, and municipalities to protect against misappropriation of public funds.
The advisory is derived from an investigation the office did into a public retirement board, but the recommendations apply to other public entities. Its focus is on ensuring that departing employees are properly “off-boarded,” so that they no longer have access to public monies and that all relevant persons are notified when changes are made.
The OIG is emailing the advisory to the executive directors of public retirement boards, but the information is also helpful to mayors, town managers and administrators, and city and town treasurers.
In keeping with the OIG’s statutory mission to prevent and mitigate fraud, waste and abuse of public funds and assets, the new advisories will synthesize “lessons learned” from OIG investigations into recommendations or best practices for other public agencies.
The OIG also publishes regular bulletins to provide up-to-date information on various topics.