Reports
Search reports, investigative results, and agency plansShowing 1 - 10 of 21 results
Pension Benefit Guaranty Corporation OIG
Projected Benefit Payments in Selected Special Financial Assistance (SFA) Applications
Mississippi Office of the State Auditor
Mississippi’s Historic Unemployment Fraud
The Mississippi Department of Employment Security (MDES) administers Mississippi’s unemployment benefits programs. With the influx of jobless claims and COVID relief aid as a result of the pandemic, total unemployment benefit claims increased from $59.6 million in FY 2019 to $2.1 billion in FY 2020. With this infusion of money came massive fraud and misspending. For example, from FY 2020 to FY 2021, known overpayments increased from $118 million to $474 million. The massive loss of money from Mississippi’s unemployment fund is partially the result of MDES bypassing or altering their own...
Pension Benefit Guaranty Corporation OIG
Audit of PBGC’s Review of Initial Special Financial Assistance Applications
Pension Benefit Guaranty Corporation OIG
White Paper: Searching Plan Records for Deceased Participants
Pension Benefit Guaranty Corporation OIG
PBGC Should Improve Its Special Financial Assistance Review Procedures
Mississippi Office of the State Auditor
Single Audit for Year Ending June 30, 2021
This Single Audit identifies federal funds spent by state agencies from July 1, 2020, to June 30, 2021. During this time, many state agencies were drawing down federal stimulus dollars from the Coronavirus Relief Fund. In this audit millions of questioned costs were discovered. Notable findings include that the Mississippi Department of Employment Security saw a 301 percent increase in known overpayments from the previous year and made at least $473 million in improper or fraudulent unemployment payments this year. This included unemployment payments to prisoners and people outside of...
Pension Benefit Guaranty Corporation OIG
Pending GAO Opinion on PBGC’s Final Rule that Adopted a Bifurcated Interest Rate for Certain SFA Applications
Pension Benefit Guaranty Corporation OIG
Risk Assessment of PBGC’s Implementation of Special Financial Assistance
California State Auditor
California Department of Education:It Needs to Provide Better Oversight to Ensure That Local Educational Agencies Promptly and Effectively Use Federal COVID‑19 Funds
We conducted a state high‑risk audit of the California Department of Education’s (Education) management of the federal funding it received to help local educational agencies (LEAs) respond to the COVID‑19 pandemic. The following report details our conclusion that Education must improve its oversight of these funds from the Elementary and Secondary School Emergency Relief Fund and the Governor’s Emergency Education Relief Fund to ensure that LEAs spend the funding before the associated deadlines and comply with relevant requirements.