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Thursday, May 31, 2007

FederalNewsRadio - Ask the CFO - Mark Reger (OPM)

Office of Personnel Management

Mark Reger - Chief Financial Officer

The numbers are eye-popping. Almost $750 billion in assets under management. $60 billion in retirement and life insurance benefits in FY 2006. And to top it off, the world's largest single employer health care program. But that's just a day at the office for OPM CFO Mark Reger. Reger says its never easy, but that a big part of OPM's success -- getting to Green on the PMA and a clean audit opinion with no material weakness for FY 2006 -- has been building in the right performance metrics and using internal controls that help everyone understand they have a stake as well as a valuable role in the process.

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