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CGS Administrators, LLC, Understated Its CIGNA Pension Plan for Certain Former Employees Medicare Segment Pension Assets and Understated Medicare's Share of Excess Pension Assets

Issued on  | Posted on  | Report number: A-07-16-00491

Report Materials

CGS Administrators, LLC (CGS), understated the Medicare segment pension assets by $311,000 as of May 31, 2011. In addition, CGS understated Medicare's share of the Medicare segment excess pension assets by $309,000 as of May 31, 2011, as a result of the Medicare segment closing.


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