U Of Wisconsin Regents Learn Of Extra $1.1M Lost, More Human Resources Woes

Wednesday, February 13, 2013
The University of Wisconsin System lost an additional $1.1 million due to glitches in its new payroll and benefits system, an accountant and top UW System financial official told the Board of Regents on Thursday. President Kevin Reilly warned that further reviews this year by system staff, an independent analyst and the state auditor are "likely to find more issues." Regents on the business, finance and audit committee harshly criticized UW System officials for the errors, which a state auditor's report released in January found also included nearly $33 million in overpayments for health insurance premiums and pension contributions during the last two years, about $20 million of which the UW System has since recovered. "These problems and issues are broader than we were initially told," said Regent Gerald Whitburn, who chairs the committee. "Are they catastrophic? No. Should we be going through this? Absolutely not."

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