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Core-CT HRMS Daily Mail

Date: 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.


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