The Pension Benefit Guaranty Corporation (PBGC) is a federal corporation created under the Employee Retirement Income Security Act of 1974. It currently guarantees payment of basic pension benefits earned by 44 million American workers and retirees participating in over 29,000 private-sector defined benefit pension plans. The agency receives no funds from general tax revenues. Operations are financed largely by insurance premiums paid by companies that sponsor pension plans and by investment returns.

Welcome to the Pension Benefit Guaranty Corporation (PBGC), Office of Inspector General (OIG) web site. Our mandate is to detect and prevent fraud, waste, and abuse, and violations of law and to promote economy, efficiency and effectiveness in the operations of the PBGC. The OIG strives, as an agent of positive change, to improve continually PBGC management and program operations by independently conducting audits, evaluations, and investigations. In addition, the OIG keeps the Congress informed regarding major developments associated with our audit and investigative missions. Our accomplishments are reported semiannually to PBGC's Board of Directors and Congress (Congressional Testimony and Statements).

PBGC employees, contractors and the public may confidentially report suspected wrongdoing by PBGC employees and contractors or allegations of possible fraud, waste or abuse occurring in a PBGC program or operation. Our Hotline web page has information describing how investigative information or complaints can be directly communicated to the OIG. For general inquiries about the PBGC OIG and its operations, dial the OIG phone number: 1-800-400-7242 and then enter extension 4030 during local business hours.



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