Inspector General Faults PBGC’s “Systemic” Failures

January 12, 2012 – In The News
Human Resource Executive Online
Harvey M. Katz, co-chair of the firm’s Employee Benefits & Compensation Practice, recently commented on a new report that found faults with the Pension Benefit Guaranty Corporation’s audit processes and valuation of plan assets.

According to Katz, “It’s about time” that the Pension Benefit Guaranty Corporation recognized it has failed to protect plan participants.

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