PBGC’s FY 2019 Compliance with the Improper Payments Elimination and Recovery Act (EVAL-2020-10), issued May 11, 2020
In accordance with the Improper Payment Information Act (IPIA) (P.L. 107-300), as amended, we reviewed PBGC's compliance with the IPIA’s requirements. PBGC has taken actions to comply with all applicable requirements established in OMB Circular A-123, Appendix C. For FY 2019, PBGC assessed Contractor and Purchase Card payments and Multiemployer Financial Assistance payments and determined both payment streams were not susceptible to significant improper payments. We determined that PBGC is compliant with the improper payment requirements.