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Text of PBGC Inspector General Report: PBGC Can Improve Effectiveness of the Missing Participants Program (PDF)
Office of Inspector General [OIG], Pension Benefit Guaranty Corporation [PBGC] Link to more items from this source
Jan. 11, 2022

26 pages, Jan. 7, 2022. "[OIG] found that while PBGC has had success locating missing participants, the program is not as effective as it could be.... Currently, the program [1] does not have performance measures, [2] uses unreliable data management practices, and [3] MPP procedures do not reflect the actual business practices used in program administration. Without performance measures, identifying outliers in performance is difficult, and not having sound data management practices has led to a lack of quantitative data available for program evaluation. Further, the lack of [missing participant] procedures reflecting actual business practices may lead to ineffective implementation of the program and hinder continuity of operations."

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