PBGC’s Fiscal Year 2018 Compliance with the Improper Payments Elimination and Recovery Act (EVAL-2019-10/PA-19-133), issued April 11, 2019
In accordance with the Improper Payment Information Act (IPIA) (P.L. 107-300), as amended, we reviewed PBGC's compliance with the IPIA’s requirements. PBGC has taken actions to comply with all applicable requirements established in OMB Circular A-123, Appendix C. For FY 2018, PBGC assessed Benefit Payments and Premium Refunds and determined both payment streams were not susceptible to significant improper payments. We determined that PBGC is compliant with the improper payment requirements.