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PBGC - EVAL-2024-12 - 2024-12-01

Closed · 2024-09-26

From report

Report
Projected Benefit Payments in Selected Special Financial Assistance (SFA) Applications
OIG report number
EVAL-2024-12
Recommendation number
2024-12-01

Recommendation text

For plans applying for SFA after initiation of the full participant death audit (as agreed to with recommendation 2024-01-01), continue to implement the new death audit procedures prior to approving the applications. Implementing this recommendation could put an estimated $125 million of taxpayer dollars to better use.