The Miami Beach Employees’ Retirement Plan Auditor's report is a formal opinion, or disclaimer, issued by the Fund’s independent external auditor as a result of an external audit or evaluation performed annually on the Plan. The report is subsequently provided to a “user” (such as an individual, a group of persons, a company, a government, or even the general public, among others) as an assurance service in order for the user to make decisions based on the results of the audit. Included in the report is the Independent Auditor’s Report, Management’s discussion and analysis and the Financial Statements. Included in Financial Statements are the Statements of Plan Net Assets, Statements of Changes in Plan Net Assets and the Notes to Financial Statements. The Plan’s current External Auditor is Goldstein Schechter Koch CPA’s.
To view the present and historical Audit Reports of the pension plan please see links below:
MBERP Financial Statement Sept. 30 2015MBERP Financial Statement Sept. 30 2014MBERP Financial Statement Sept. 30 2013 MBERP Financial Statement Sept. 30 2012MBERP Financial Statements Sept 30 2011MBERP Financial Statements Sept 30 2010
MBERP Financial Statements Sept 30 2009
MBERP Financial Statements Sept 30 2008
MBERP Financial Statements Sept 30 2007
MBERP Financial Statements Sept 30 2006
• The Plan assets exceeded its liabilities at the close of fiscal years ended September 30,2015 and 2014 by $507,584,533 and $516,387,785, respectively (reported as net assets held in trust for pension benefits). For the fiscal year ended September 30, 2015, the Plan had a net investment loss of $(5,048,406) compared to net investment income of $51,773,646 in the fiscal year ended September 30, 2014.