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House Committee Letter to PBGC Questioning Refusal to Recover $127 Million in Taxpayer Money Sent to Ghost Pensions (PDF)
Committee on Education and the Workforce, U.S. House of Representatives
[Opinion] Jan. 17, 2024 "The Committee on Education and the Workforce (Committee) is investigating reckless mismanagement at the [PBGC] that led to sending a $127 million overpayment to one multiemployer plan. This overpayment raises the concern that more overpayments exist.... By all appearances, PBGC intended to shift taxpayer dollars to the Central States Pension Fund in an unauthorized windfall and refuses to get this money back" |
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