For plans paid SFA prior to implementation of the Corporation’s full death audit procedure, continue to implement the new death audit procedures, and rectify with the plans the value attributed to deceased participants to include repayment to Treasury. The estimate from this recommendation results in approximately $250 million in questioned costs, including the $140 million identified in the sampled plans.
Questioned Costs
$250000000
Funds for Better Use
$0
Recommendation Status
Open
Source UUID
9cb7020b-4eb1-44d1-936d-b479a390eab6-2024-12-02
Recommendation Number
2024-12-02
Significant Recommendation
No