Report on the Railroad Retirement Board’s Financial Statements Fiscal Year 2025

Date Issued

Thursday, December 18, 2025

Submitting OIG

Railroad Retirement Board OIG

Other Participating OIGs

Railroad Retirement Board OIG

Agencies Reviewed/Investigated

Railroad Retirement Board

Report Number

26-02

Report Description

Report on the Railroad Retirement Board’s Financial Statements Fiscal Year 2025

Report Type

Audit

Agency Wide

Yes

Number of Recommendations

Questioned Costs

Funds for Better Use

Report updated under NDAA 5274

Open Recommendations

This report has 1 open recommendations.

Recommendation Number	Significant Recommendation	Recommended Questioned Costs	Recommended Funds for Better Use	Additional Details
1	No	$0	$0	Management concurred with this recommendation
The Railroad Retirement Board's Bureau of Fiscal Operations should continue working with the Department of Treasury to determine the proper accounting treatment for contributions received by Department of Labor on behalf of the RRB (i.e., contributions receivable) and provide supporting documentation of the discussions and decisions made with the Department of Treasury for auditor review.