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Semiannual Report to Congress (SARC 57)

Report Number
SARC-57

During the period April 1, 2017 through September 30, 2017, we:(1) Closed 11 audit recommendations and issued 9 new audit recommendations. The total number of open audit recommendations is 84.(2) Issued the following reports:(a) FY 2016 Improper Payments Evaluation. PBGC complied with improper payment requirements and financial assistance and contractor payment streams were not susceptible to significant improper payments.(b) Administrative Expenses for Insolvent Multiemployer Plans.

Semiannual Report