A communication from the Office of the Inspector General (see Section 12 of Chapter 12A of the General Laws) submitting a report entitled: “Former CEO of Worcester Regional Retirement System Abused Public Funds”

This bill transmits a report from the Office of the Inspector General detailing misconduct by Michael Sacco, the former CEO of the Worcester Regional Retirement System. The document outlines specific findings such as Sacco working fewer hours than required, neglecting duties, and misusing public funds for private client matters. Additionally, the report criticizes the retirement board for failing to adequately monitor Sacco's performance and for signing an employment agreement with insufficient protections. The bill serves as a formal communication of these investigative results rather than proposing new policy changes.