Submitted by crabcakes110 t3_124ruak in baltimore
Comments
MD_Weedman t1_je0kr5k wrote
I mean, it's kind of nice for a change to see the workers getting the money. Usually the pension system shortages stem from politically connected fund managers mismanaging the funds, taking crazy commissions, funding BS shit that doesn't make money, etc.
_Alvin_Row_ t1_je15840 wrote
Pretty sure the workers had to return the funds
soundslikemold t1_je21b5m wrote
I heard on NPR this morning that at the time of the payments the city only had one full time employee in the payroll department and a team of contractors that didn't understand the cities payroll software. I couldn't find the article on WYPR's website, but here is a quote from Fox (I know Sinclair):
"In a response to the report, Department of Finance Director Michael Moiseyev revealed that Payroll only had one full-time employee that was supported by a team of contractors. Those contractors lacked detailed knowledge of the city's payroll configurations, according to Moiseyev's letter."
wrongseeds t1_je2xmrj wrote
I set up payroll for one of the City’s cultural institutions. Half of the payroll was done by the city and half done by my company. This was 20 years ago and people being paid by the city still had hand written time cards back then.
ObviousGazelle t1_je480fd wrote
Don't feel bad about not being able to spell. Look at Baltimore they can't even do simple math
TheBaltimoron t1_je8e2sl wrote
What an amazing city we live in!
philaiv t1_je0koc1 wrote
5 days ago the city posted the following job: "Payroll Manager, Operations Manager I"
Coincidence? Maybe, maybe not, but from the screw up it definitely seems to be needed.
Edit: I can't spell lol