Objectives Examine the system's financial statements.
Employer and employee contributions, defined benefit annuities, and defined contribution and deferred compensation refunds and withdrawals. Test compliance with certain finance-related legal provisions. Conclusions We issued an unqualified opinion on the financial statements which were published in the system's annual report for fiscal year 1994. We found no weaknesses in the internal control structure. We found no departures in the system's compliance with finance-related legal provisions.