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Date: | Thu, 24 Jul 2008 08:40:13 -0700 |
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List:
Yesterday, I found out that one of our departments is not following
their retention schedule. Just how little they are following it, I don't
know. A little about the specifics:
Contracts are to be destroyed 4 years after expiring. The trigger is
the expiration/termination date and the actual retention is "End of year
plus 4." Apparently, they have never gotten rid of any expired
contracts. Also, they have a lot of contracts that we have no records of
but, that's not my main concern right now as that's easily addressed.
Anyway, does anyone have any example of penalties handed out (relatively
RECENTLY) for failing to follow their retention schedule?
Thanks,
Steven D. Morgan
Knowledge is of two kinds: we know a subject ourselves, or we know where
we can find information upon it.
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