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Auditor of State Review Shows OP&F Reduced Administrative Expenses Over Last Three Years

A self-review recently requested by Auditor of State Betty Montgomery found that OP&F reduced administrative expenses over the last three years. OP&F Executive Director William J. Estabrook presented a detailed account of the review’s findings at the Board of Trustees’ July Board meeting.

"These findings include numerous examples of OP&F’s ongoing commitment to being good stewards of our member’s money," Estabrook said. Estabrook also reiterated that there are programs under way to continue examining expenses and streamlining spending wherever possible and appropriate.

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