The Labor Department’s Inspector General is calling on lawmakers to undertake a series of changes to strengthen pension protection laws, including giving the department’s benefits regulator greater autonomy over audits, as part of a report on the office’s efforts to combat fraud.
Inspector General Anthony D’Esposito’s issued its semi-annual report to Congress, which outlined various investigations and audits undertaken from October 2025-March 2026. The report also included recommended legislative actions to prevent fraud moving forward.
Lawmakers should consider legislative changes to the Employee Retirement Income Security Act and updates to criminal penalties for violations of the law to “enhance the ...