We contracted with Ernst & Young LLP (EY), an independent certified public accounting firm, to perform the audit. This management letter summarizes EY’s findings and recommendations related to PBGC’s internal control deficiencies and other matters. The issues noted in this report are not significant; and, therefore, the deficiencies were not required to be reported in the Independent Auditor’s Report (AUD-2024-02) issued on November 15, 2023. In FY 2023 EY had issued four new recommendations and closed 14 prior years' recommendations with the total of six open recommendation remaining at the end of FY 2023. EY will continue working with PBGC to resolve these recommendations.
Report File
Date Issued
Submitting OIG
Pension Benefit Guaranty Corporation OIG
Other Participating OIGs
Pension Benefit Guaranty Corporation OIG
Agencies Reviewed/Investigated
Pension Benefit Guaranty Corporation
Report Number
AUD-2024-04
Report Description
Report Type
Audit
Agency Wide
Yes
Number of Recommendations
4
Questioned Costs
$0
Funds for Better Use
$0
Additional Details