The Railroad Retirement Board Lacks Adequate Controls over Creditable Compensation Related to Injury Settlements

Submitting OIG:

Date Issued:

Thursday, January 29, 2015

Agency Reviewed / Investigated:

Submitting OIG-Specific Report Number:

15-03

Location(s):

Agency-Wide

Type of Report:

Audit

Questioned Costs:

Funds for Better Use:

$11,148

Number of Recommendations:

View Document:

Attachment	Size
Audit-Report-15-03-Railroad-Retirement-Board-Lacks-Adequate-Controls-over-Creditable-Compensation.pdf	1.04 MB

Related Open Recommendations

Recommendation Number	Recommendation Status	Significant Recommendation
1	Open	No
The Office of Programs should track creditable compensation related to injury settlements and the effect on benefit eligibility.
2	Open	No
The Office of Programs should implement controls to ensure compliance with agency regulations related to service months credited from an injury settlement. At a minimum, the agency should require railroad employers to submit supporting documentation for any service and compensation reported as part of an injury settlement. The documentation should include both the legal settlement and an allocation worksheet. This documentation should be readily available for examination and periodically reviewed.