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 65) - April 1, 2021 through September 30, 2021
• Audit of Pension Benefit Guaranty Corporation's Limited Purpose Financial Statements for Fiscal Year 2021 and 2020 (AUD-2022-03), issued November 15, 2021
• Audit of the Pension Benefit Guaranty Corporation’s Fiscal Year 2021 and 2020 Financial Statements (AUD-2022-02), issued November 15, 2021
• PBGC's Compliance with the DATA Act (AUD-2022-01), issued October 14, 2021
• Evaluation of PBGC’s Implementation of the American Rescue Plan Act’s Special Financial Assistance Program
• Assessment of PBGC's Multiemployer Plan Special Financial Assistance Fund
• Evaluation of PBGC's Purchase Card Program
• PBGC Needs to Strengthen Acquisition Planning for Actuarial Support Services (EVAL-2021-09), issued June 4, 2021
• Semiannual Report to Congress (SARC 64) - October 1, 2020 through March 31, 2021
• PBGC’s FY 2020 Compliance with the Payment Integrity Information Act of 2019 (EVAL-2021-08), issued May 10, 2021
• Pension Benefit Guaranty Corporation Financial Statements for FY 2021 and Related Work
• PBGC's Compliance with Requirements of the Digital Accountability and Transparency Act of 2014 for Fiscal Years 2020 and 2021
• PBGC Can Improve the Effectiveness of the ERM Program (EVAL-2021-07), issued March 1, 2021