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Abbreviation
PBGC
Agencies
Pension Benefit Guaranty Corporation
Federal Agency
Yes
Location

United States

What to Report to the OIG Hotline
If you know about waste, fraud, abuse, misconduct, or whistleblower reprisal relating to a Pension Benefit Guaranty Corporation (PBGC) employee, program, contract or grant, you may report it to the PBGC OIG (Office of Inspector General) Hotline. The PBGC OIG has jurisdiction over disclosures involving PBGC employees, programs, contracts and grants.
What Not to Report to the OIG Hotline
The following matters are NOT generally investigated by the PBGC OIG:
  • 911 emergencies
  • EEO complaints (For such matters, please contact the PBGC Office of Equal Employment Opportunity)
  • Active pension plans (For such matters, please refer to https://www.dol.gov)
  • PBGC pension benefit determinations and appeal decisions (For such matters, please refer to https://www.pbgc.gov)

PBGC's Fiscal Year 2019 Audit Management Letter Report

2020
AUD-2020-6
Audit
Pension Benefit Guaranty Corporation OIG
Pension Benefit Guaranty Corporation

We contracted with CliftonLarsonAllen LLP (CLA), an independent certified public accounting firm, to perform the audit. This management letter summarizes CLA’s findings and recommendations related to internal control deficiencies and other matters. The issues noted in this report are not significant...

PBGC’s Compliance with the Data Act

2019
AUD-2019-15
Audit
Pension Benefit Guaranty Corporation OIG
Pension Benefit Guaranty Corporation

Revised on October 18, 2019, to correct typos on pages 10, and 26-28 of the report. We corrected the projected percent of the completeness attribute for the FAIN testing (p. 10) and the transposed column headings for accuracy and completeness in Appendices IV and V (pp. 26-28). The corrected typos...

PBGC’s Property Management Program

2019
EVAL-2019-14
Inspection / Evaluation
Pension Benefit Guaranty Corporation OIG
Pension Benefit Guaranty Corporation

We determined that PBGC could reduce the risk of property loss or theft by strengthening its internal controls. PBGC does not ensure that bar-coded inventory labels are consistently affixed to newly received property within a reasonable time and does not ensure that accountable property is entered...

PBGC’s Efforts to Reduce the Collection, Maintenance, and Use of Social Security Numbers

2019
EVAL-2019-13
Inspection / Evaluation
Pension Benefit Guaranty Corporation OIG
Pension Benefit Guaranty Corporation

PBGC has made progress in eliminating the unnecessary collection, maintenance, and use of customer social security numbers. However, additional steps are necessary given the volume of legacy documents containing SSNs, the Corporation’s continued acquisition of trusteed plan documents containing SSNs...

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