MADISON, Wis. (AP) — The University of Wisconsin System overpaid for health insurance premiums and pension contributions by nearly $33 million over the last two years, including $8 million for more than 900 employees who had already left their jobs, according to a report released Thursday.

The Legislative Audit Bureau's findings prompted state lawmakers to call for a deeper review of UW System's payroll and benefit protocols.

"This is a $32 million error," said Rep. Samantha Kerkman, R-Powers Lake, co-chairwoman of the Legislture's audit committee. "My initial response was I'm shocked. I'm really disappointed."

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.