PBGC - Office of Inspector General

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CY 2018 Work Plan

We conduct our business in accordance with the OIG Value Framework and strive to provide deep knowledge and sensible solutions through independent positive engagement.

To fulfill our expectations under the OIG Value Framework and our responsibilities under the Inspector General Act and, we issue a broad range of products including audits, evaluations, inspections, investigations, reviews, risk advisories, and white papers. The projects listed in our annual work plan include statutorily-mandated projects and discretionary projects. We select the discretionary projects based on risk, and we developed this plan after considering PBGC’s three strategic goals and performance, the OIG’s FY 2016 Risk Assessment of PBGC Programs and Operations, the OIG’s FY 2016 Fraud Risk Assessment, OIG’s Top Management Challenges, prior audit and investigative work, and risk assessment information provided by the Corporation. We prioritized projects to address risk and make the best use of available OIG resources.

This work plan may be amended by the OIG as necessary based on changing circumstances.

Click here for CY 2018 Work Plan.

Strategic Plan

The Pension Benefit Guaranty Corporation (PBGC) Office of Inspector General (OIG) issued its strategic plan for calendar years 2018 through 2022. In developing it's strategic plan, OIG established specific goals and performance measures consistent with the spirit of the Government Performance and Results Act (GPRA). PBGC OIG continues to respond to numerous and varied issues of concern that confront the American pension system and its participants, including information technology security, investment valuation and management, and benefit payment calculations and administration. Additionally, we have initiated a program of fraud awareness and outreach for our stakeholders and participants, and conducted targeted work in response to myriad Congressional requests and Hotline complaints.

In drafting our current plan our goal serves to continue to help PBGC address the many challenges which will arise over the next five years. We know that PBGC faces a number of challenges, ranging from planning for the anticipated surge in pension plans terminations to responding to new legislation. In addition, OIG will continue working to deploy our own resources as effectively as possible.

Points of Contact:
OIG POC: Nicholas J. Novak - (202) 326-4030

Pension Benefits Guarantee Corporation
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