Submitting OIG:
Report Description:
We found that MEPD adequately ensured that financial assistance recurring administrative expenses were reasonable, necessary, and adequately supported. For the nine plans we reviewed, MEPD auditors properly assessed multiemployer plans’ administrative expenses and processed recurring financial assistance requests. However, we identified two opportunities where MEPD could strengthen data quality and monitoring to ensure recurring administrative expenses for financial assistance are necessary and reasonable. These opportunities do not constitute formal audit recommendations.
Short / Alternative Report Title:
Insolvent Multiemployer Plans: Ensuring Expenses are Reasonable, Necessary, and Adequately Supported
Date Issued:
Tuesday, May 23, 2017
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
AUD-2017-11/PA-16-113
Location(s):
Agency-Wide
Type of Report:
Audit
Questioned Costs:
$0
Funds for Better Use:
$0
Number of Recommendations:
0
View Document:
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