Council Audit Committee
September 21, 2026

CalPERS and Payroll UpdateAudit Committee | September 21, 2026 Payroll ErrorsPay Errors
No systemic pay errorsIn general, employees are being paid correctlyGeneral Ledger Posting Errors occur when posting to general ledgerPayroll and Accounting coordinate to correct and prevent future errorsCalPERS Reporting Approx. 50 reporting errors each pay periodFewer fees for late reporting than previous years CalPERS Late Fees
(Last 5 Calendar Years)
Total20262025202420232022Late Fee Type
$ 2,800$ 200$ 200$ 400$ 1,200$ 800Late Payroll Reporting 131,2002,00016,6001,600103,0008,000Late Retired Annuitant Reporting
$ 134,000$ 2,200$ 16,800$ 2,000$ 104,200$ 8,800Total