Audit of the Pension Benefit Guaranty Corporation’s Fiscal Year 2024 and 2023 Financial Statements (AUD-2025-03), issued November 15, 2024

The Office of Inspector General issued the audit reports of the financial statements of the Single-Employer and Multiemployer Program Funds administered by the Pension Benefit Guaranty Corporation (PBGC) as of and for the years ended September 30, 2024 and 2023, finding:

• The financial statements present fairly, in all material respects, the financial position of the Single-Employer and Multiemployer Program Funds and the results of their operations and cash flows for the years then ended.


• PBGC maintained, in all material respects, effective internal control over financial reporting as of September 30, 2024.


• No instances of noncompliance or other matters with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements.

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