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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

Issued on  | Posted on  | Report number: A-07-16-00470

Report Materials

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.

Report Type
Audit
HHS Agencies
Centers for Medicare and Medicaid Services
Issue Areas
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Target Groups
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Financial Groups
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Notice

This report may be subject to section 5274 of the National Defense Authorization Act Fiscal Year 2023, 117 Pub. L. 263.