The General Auditor’s Office (AGN, for its acronym in Spanish) could not issue an opinion on the financial condition, resources, and expenditures of the Complementary Provident Fund for Teaching Activity, which aims to grant the teachers and professors a supplement to enrich their retirement. This was given because of constraints to the accounting information system.

The main drawbacks to obtain the accounting data of the Fund were "uncertainty about the universe of contributors, on the future of the regime, and the credit and forecasts information." The report, adopted this year, analyzed the 2006-2007 period.

It is noteworthy that the arrangement is financed, especially with the contribution of members, equivalent to 4.5% of the remuneration of each teacher. However, the AGN noted that the Fund had no updated information on the "totality of the contributors and withholding agents" (employers withholding and delivering contributions), nor about the individual contributions of each teacher. This last point is demonstrated because "the approval of the beneficiaries -to begin to perceive the benefit- is done through documentation that they commend themselves", that is, as mentioned above, no information about the contributions of each member.

Although the scope of work of the watchdog reaches up to 2007, it was later added that in 2008, "the Directorate of the Fund decided to unanimously approve the establishment of the Commission on Reform and conclude an agreement with the trade associations of private school teachers to ensure regularization of the contributions and safeguard the teacher’s wages."

Returning to the analyzed period, the watchdog said that "the Fund did not provide relevant information on the latest wage tables used to calculate the amount that would be paid to retirees and pensioners."

Meanwhile the AGN said that "the system of accounting registration had no systematic controls about the information entered, the process or its outcome." In fact, "they used a system that was not enough for the volume of transactions," and they made the forecast for debtors –calculations on the money that should be charged and whose likelihood of this is remote or unlikely-, without a register to provide statistical information on the behavior of credit. They estimated these amounts without proper information, which is also found that the forecast for 2007, $ 124,031,118.80, increased in relation to 2006, $ 51,773,685.

Finally, and in relation to the previous topic, it was observed that, "for certain cases lawyers were employed directly by the Board of Directors of the Fund, without any intervention by the Legal Affairs Department, which, although it can be done- it did not even control the activities in these proceedings".