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Inspector General of the DOL: Semiannual Report to the Congress (PDF)
Office of Inspector General, U.S. Department of Labor [DOL]
May 31, 2019 Covers Oct. 1, 2018–Mar. 31, 2019; 102 pages. "EBSA did not conduct effective oversight of the TSP for three reasons ... [1] EBSA lacked an ongoing process for assessing changes in risks to the TSP over time ... [A] robust method for prioritizing audits would ensure limited resources are used most effectively.... [2] EBSA 's oversight was not transparent.... EBSA did not post its audit reports and recommendations to a public forum, such as its website ... [3] EBSA lacked sufficient legal authority to require the Federal Retirement Thrift Investment Board to act on its recommendations." MORE >> |
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