* From an Illinois Auditor General’s report on the State Employees’ Retirement System…
During our examination we noted that there were problems with the Modernization - Re-Engineering Project.
The project has been ongoing for five years, is only 20% complete, and over $2,000,000 has been expended by the State Retirement Systems collectively.
Due to staffing issues and the lack of a project management framework and the associated documentation, the project has not been fully implemented. In addition, formal documentation to provide detailed information on the current status and projected completion date is lacking.