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OIG Audit Report: EBSA Can Provide Greater Oversight of the Thrift Savings Plan by Strengthening Its Audit Program (PDF)
Office of Inspector General [OIG], U.S. Department of Labor [DOL] 
Oct. 16, 2018 35 pages. "EBSA did not conduct effective oversight of the TSP for several reasons. [1] EBSA lacked an ongoing process for assessing changes in risks to the TSP over time.... [2] EBSA's oversight was not transparent.... [3] EBSA lacks sufficient legal authority to require the Board to act on its recommendations.... Notwithstanding the limits of its legal authority, EBSA needs to strengthen its oversight practices to provide greater assurance that plan assets and personal and financial information are safeguarded." MORE >> |
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