United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2006-03-27 monographic deposited born digital 36 p. GA 1.13:GAO-06-429 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-06-429 P0b002ee180374e40 f:d06429 DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-06-429 machine generated eng fdlp REPORT GAOREPORTS-GAO-06-429 GAO-06-429 Accounting standards Claims processing Data integrity Federal corporations Financial disclosure Financial management Financial management systems Monitoring Pension claims Pensions Reporting requirements Risk management Systems analysis Transparency Other Written Product A50039 The Pension Benefit Guaranty Corporation's (PBGC) single-employer insurance program insures the pension benefits of over 34 million participants in almost 29,000 private sector defined benefit pension plans. The increase in PBGC's probable claims has raised questions about PBGC's monitoring and financial disclosure practices, including whether the information that PBGC discloses is sufficient for interested parties to understand the effect on PBGC's financial condition. GAO examined (1) the steps that PBGC takes to monitor and ensure the accuracy of its probable claims, (2) how PBGC's financial liability reporting compares with those of publicly traded companies, and (3) the steps PBGC has taken to improve the transparency of its financial reporting and whether additional improvement is needed. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-06-429/html/GAOREPORTS-GAO-06-429.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-06-429/pdf/GAOREPORTS-GAO-06-429.pdf GAO-06-429 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-06-429 Other Written Product GAO-06-429; Private Pensions: Opportunities Exist to Further Improve the Transparency of PBGC's Financial Disclosures; Accounting standards Claims processing Data integrity Federal corporations Financial disclosure Financial management Financial management systems Monitoring Pension claims Pensions Reporting requirements Risk management Systems analysis Transparency Volume 116 Page 745 116 Stat. 745