Legislative Audit Bureau: Announces the release of reports 24‑19 and 24‑20: Employes’ Retirement System of the City of Milwaukee.

We provided an unmodified opinion on the financial statements of the Employes’ Retirement System of the City of Milwaukee (Retirement System) as of and for the year ended December 31, 2023. This is the first audit of the Retirement System we completed under provisions of 2023 Wisconsin Act 12. The Retirement System is a cost‑sharing, multiple‑employer, defined‑benefit pension plan with 30,111 memb...

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