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CGS Administrators, LLC, Overstated Its CIGNA Pension Plan Medicare Segment Pension Assets and Understated Medicare's Share of Excess Pension Liabilities

CGS Administrators, LLC (CGS), overstated the Medicare segment pension assets by $1.3 million as of May 31, 2011. In addition, CGS understated Medicare's share of the Medicare segment excess pension liabilities by $748,000 as of May 31, 2011, as a result of the Medicare segment closing.

Copies can also be obtained by contacting the Office of Public Affairs at Public.Affairs@oig.hhs.gov.

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Office of Inspector General, U.S. Department of Health and Human Services | 330 Independence Avenue, SW, Washington, DC 20201