The board that manages the city’s pension fund for firefighters — long criticized for a string of bad investments in recent years and the big salary its top administrator used to get paid — also had slack policies concerning credit cards that board members had access to and often failed to fully enforce those policies, according to a new inspector general’s report.
The report covers credit card expenses and reimbursements from the beginning of 2010 through the end of 2012, noting the board updated its policies in August 2013.