House Ed & Workforce Chair Virginia Foxx (R-NC) Sends Letter to DOJ Alleging 60 Pension Plans Received Payments for Deceased Beneficiaries
House Education and the Workforce Committee Chair Virginia Foxx (R-NC) sent a letter to the Justice Department (DOJ) to request information regarding DOJ efforts to hold the Pension Benefit Guaranty Corporation accountable for recovering funds for improper Special Financial Assistance (SFA) payments to more than 60 union pension plans.
In her letter to Attorney General Merrick Garland, Foxx said that “PBGC identified deceased participants on rolls of more than 60…multiemployer plans that received improper payments based on those rolls” and that “none of these other plans are reported to have restored the improper payments.” As a result, the Committee is requesting that DOJ provide: (1) all documents and communications related to DOJ’s decision to investigate Central States and the Graphic Communications National Pension Fund for payments to decease beneficiaries; (2) all documents and communications related to any steps DOJ is taking to ensure that all other multiemployer pension plans that received improper SFA payments will repay those amounts; and (3) all documents and communications related to any multiemployer pension plans for which PBGC identified deceased participants on the plans’ application rolls but which DOJ has chosen not to investigate. Foxx also asked if DOJ is investigating or planning to investigate any of the more than 60 other multiemployer pension plans for which PBGC identified deceased participants on the plans’ applications for SFA payments and if so, to provide the names of those multiemployer pension plans that DOJ is investigating or plans to investigate to the Committee.
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