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

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 and known risks and limitations in PBGC information systems. We issued four recommendations related to PBGC’s policies and planning for continued reduction in the collection, maintenance and use of Social Security Numbers. PBGC agreed with the recommendations and plans to complete corrective actions by September 30, 2020.