This is
the nineteenth semiannual report to the Congress summarizing
the activities and accomplishments of the Pension Benefit Guaranty
Corporation (PBGC) Office of Inspector General (OIG) for the
period April 1, 1998 through September 30, 1998. In the audit
area, we issued five (5) reports, including an:
- evaluation
of PBGC's expenditures of appropriated funds for food, entertainment
and mementos;
- evaluation
of the Image Processing System, an electronic document archival
and retrieval system;and
- audit
of responses to certain questions about appeals of PBGC's
initial determinations asked by the Senate's Special Committee
on Aging.
In
the investigative area, we opened eight (8) new investigative
cases during the reporting period, and closed twenty-four
(24) cases. The cases closed this period included:
- misrepresentation
by contractors on employment applications that PBGC was
their employer; and
- misrepresentation
of experience and qualifications on SF-171.
We are
also reporting that PBGC has determined that it will now conduct
investigations into allegations of fraudulent waivers of spousal
benefits. In the past, when PBGC received an allegation from
a pension plan participant's spouse that he/she had not signed
the waiver of benefits form, that allegation was referred
to the OIG for investigation. Investigation into alleged criminal
activity is vested in the OIG, not the agency, and we will
vigorously pursue this encroachment into our statutory mission.
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