Payroll Audit Program
The Trustees have
hired an accounting firm to conduct periodic audits of the
contributions of the employers. These audits follow agreed upon
procedures that test whether contributions have been made on
behalf of all covered employees in the correct amounts. The
firm periodically reports the results of its audits in writing,
and these reports are reviewed by the Joint Delinquency
Committee. If contributions are due, the employer will be
assessed liquidated damages and will be required to pay the cost
of the audit. Whenever appropriate, collection procedures will
be instituted against the employer. Audits may be required of
any employer at any time at the discretion on the Joint
Delinquency Committee.
