TITLE

Improvements Needed to Strengthen Governance Structure and Strategic Management

AUTHOR(S)
Bovbjerg, Barbara D.
PUB. DATE
December 2010
SOURCE
GAO Reports;12/1/2010, preceding p1
SOURCE TYPE
Government Document
DOC. TYPE
Article
ABSTRACT
The article presents the report from the U.S. Government Accountability Office (GAO) highlighting the need for improvements to Pension Benefit Guaranty Corp.'s (PBGC) governance structure and strategic workforce management. It mentions the financial instability facing PBGC that could pose a future threat to workers' retirement income. The GAO revealed the failure of management of PBGC's benefit determination process to provide for separate reporting of performance measures for pension plans.
ACCESSION #
55981414

 

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