Welcome

Welcome to the Office of Inspector General (OIG) for Pension Benefit Guaranty Corporation. Our office serves as an independent entity within PBGC. Our mandate is to detect and prevent fraud, waste, abuse, and violations of law, and to promote economy, efficiency and effectiveness of the PBGC. The OIG strives, as an agent of positive change, to continually improve PBGC management and program operations by independently conducting audits, evaluations, and investigations. Additionally, the OIG dutifully informs Congress regarding major developments associated with our audit and investigative missions. We report our accomplishments semiannually to PBGC's Board of Directors and Congress (Congressional Testimony and Statements).

The Office of Inspector General consists of the Inspector General and the Assistant Inspectors General, who provide leadership and oversight for the offices of Audit and Investigations.

PBGC employees, contractors and the public may confidentially report suspected wrongdoing by PBGC employees and contractors or allegations of possible fraud, waste or abuse occurring in a PBGC program or operation. Visit our HOTLINE web page for information describing how investigative information or complaints can be directly communicated to the OIG. For general inquiries about the PBGC OIG and its operations, dial the OIG phone number: 1-800-400-7242 and then enter extension 4030 during local business hours.

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What's New

PBGC's OIG is in the process of conducting various ongoing audit and investigations work, which is relevant to stakeholders such as plan participants and members of Congress. OIG work culminates in various products, including, but not limited to audit reports, Management Advisories, and Semi-Annual Reports to Congress. The following listing represents our most recent work products.

• Semiannual Report to Congress (SARC 68), October 1, 2022 through March 31, 2023
• Evaluation of PBGC’s Fiscal Year 2022 Compliance with the Payment Integrity Information Act of 2019 (EVAL-2023-09), issued May 18, 2023
• Interim Body Worn Camera Policy for Office of Investigations
• Audit of Pension Benefit Guaranty Corporation's Financial Statements for FY 2023 and Related Work
• PBGC Should Exclude Deceased Terminated Vested Participants from SFA Calculations (EVAL-2023-05), issued March 22, 2023
• PBGC Should Improve Its Special Financial Assistance Review Procedures (EVAL-2023-08), issued February 24, 2023
• Limited Scope Evaluation of Projected Benefit Payments in Selected SFA Applications
• Limited Scope Evaluation of the Impact of GAO's Decision on the Use of a Bifurcated Interest Rate for Special Financial Assistance
• CY 2023 Work Plan
• Fiscal Year 2022 Financial Statement Audit Management Letter Report (AUD-2023-07), issued January 13, 2023