Pension and Welfare Benefits Administration: Opportunities Exist for Improving Management of the Enforcement Program

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Description

A letter report issued by the General Accounting Office with an abstract that begins "The Pension and Welfare Benefits Administration (PWBA) safeguards the economic interests of more than 150 million people in six million employee benefit plans. To enforce the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), PWBA investigates employee benefit plans, conducts public education, and has begun a new voluntary correction program. Through its plan investigations, PWBA detects and corrects violations and has a deterrent presence that will prevent future violations. The Office of Enforcement prescribes areas for its regions to investigate. Regional offices have ... continued below

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United States. General Accounting Office. January 29, 2002.

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Description

A letter report issued by the General Accounting Office with an abstract that begins "The Pension and Welfare Benefits Administration (PWBA) safeguards the economic interests of more than 150 million people in six million employee benefit plans. To enforce the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), PWBA investigates employee benefit plans, conducts public education, and has begun a new voluntary correction program. Through its plan investigations, PWBA detects and corrects violations and has a deterrent presence that will prevent future violations. The Office of Enforcement prescribes areas for its regions to investigate. Regional offices have considerable flexibility in implementing PWBA's enforcement strategy by focusing most of their investigations on local issues. Although PWBA has taken steps to strengthen its enforcement activities, GAO found weaknesses in PWBA's enforcement strategy management and investigative process, its overall human capital management, and its measures for addressing program performance."

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Government Accountability Office Reports

The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for the U.S. Congress investigating how the federal government spends taxpayers' money. Its goal is to increase accountability and improve the performance of the federal government. The Government Accountability Office Reports Collection consists of over 13,000 documents on a variety of topics ranging from fiscal issues to international affairs.

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  • January 29, 2002

Added to The UNT Digital Library

  • June 11, 2014, 5:03 a.m.

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United States. General Accounting Office. Pension and Welfare Benefits Administration: Opportunities Exist for Improving Management of the Enforcement Program, report, January 29, 2002; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc293617/: accessed October 19, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.