Audit of the Pension Benefit Guaranty Corporation’s Fiscal Year 2025 Financial Statements

Design and implement additional controls based on the results of PBGC’s risk assessment process.

Strengthen their risk assessment process by considering the gap period between the last SOC 1 reports and PBGC’s fiscal year end to determine the sufficiency of internal controls relevant to PBGC’s financial reporting processed by the service organizations. Such considerations should be documented.