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Core-CT HRMS Daily MailDate: 9/25/2017 2017 GAAP Report of Compensated Absences No 2 We have learned that the GAAP Report contains an error for employees whose
position is split funded and who have been awarded vacation time under the SEBAC
vs. Rowland Settlement Agreement. The full SEBAC vacation balance is being
reported under each funding source, rather than being split. This will overstate
the State’s Liability, in some cases, by a very large amount. Agencies that have
impacted employees will need to send a correction to the OSC – GAAP reporting
unit. A fix will be made to the 2018 report. We apologize for any inconvenience
this may cause. Return to Core-CT HRMS Daily Mail Home Page
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