Audit of Pension Benefit Guaranty Corporation's Financial Statement Closing Package for Fiscal Years 2016 and 2015

The Office of Inspector General issued the audit of PBGC's Financial Statement Closing Package for Fiscal Year 2016 and 2015. The financial statements and accompanying notes contained in the closing package were prepared for the purpose of complying with the requirements of the U.S. Department of the Treasury's Financial Manual (TFM) Volume I, Part 2, Chapter 4700 and the Treasury’s Supplemental Guidance to TFM Volume I, Part 2, Chapter 4700 dated October 17, 2016 for the purpose of providing financial information to the U.S. Department of the Treasury and U.S. Government Accountability Office to use in preparing and auditing the Financial Report of the U.S. Government, and are not intended to be a complete presentation of PBGC's financial statements. We report that the financial statements and accompanying notes presented fairly, in all material respects, the financial position of PBGC as of September 30, 2016 and 2015, and its net costs and changes in net position for the years then ended in conformity with accounting principles generally accepted in the United States of America and the presentation pursuant to the requirements of the TFM Volume I, Part 2 Chapter 4700.