Administration
Evaluation of Centenarian Participants Receiving Benefits (EVAL-2025-11), issued September 03, 2025
A review of the Single-Employer Program’s participant data revealed that PBGC made improper pension payments to six deceased individuals that might have been prevented if it had used Treasury's DNP system as a verification tool. Specifically, we analyzed 1,358 participants aged 100 or older using Treasury’s DNP system and identified six individuals who were reported as deceased but were in active pay status in PBGC’s pension payment system, a low number (just 0.4%), especially considering the vulnerability of the centenarian population. These six participants were receiving pension payments totaling approximately $1,911 per month, resulting in $89,865 combined improper payments.
