In the meantime, Congress could just take even more steps to Enhance the long-time period steadiness of equally plans. These include things like redesigning PBGC’s premium construction, strengthening strategy funding demands, and improving PBGC’s governance composition. We have now extensive advisable that PBGC’s board—made up of the Secretaries of Labor, the Treasury, and Commerce—be expanded to broaden its knowledge in areas including strategic risk evaluation and administration, and to provide much more stable Management.
The Television established Guard Professional Lite Anti-Ligature Television set enclosure is specially suitable for the company sector spot, specifically for any jail, psychological health and Health and fitness facility, clinic, Doing the job day procedure, or treatment method method Web site residences during which individuals would or else be inclined to possible hurt the Television recognized or utilize the Television set to hurt on their own or Many others.
5 tactics, which align with GAO’s requirements for removal with the checklist, have triggered this development and contributed to billions of pounds in price savings.
DOD executed numerous important tactics demonstrating development On this high-risk place, including the following examples.
Alternating stress – Specific cells or air bladders inflate in alternating patterns to change force. The affected individual will continue to must be turned and repositioned on this mattress.
Demonstrated progress: OMB and federal organizations shown regular development in addressing the foundation will cause of interagency contracting problems by acting on our prior suggestions and getting actions to ensure development was sustained.
Why It Was Included: We added this area to our High-Risk Listing in 1990, starting with inventory administration, on account of inefficient and ineffective administration methods bringing about excess stock (this phase was taken off in 2017 as a consequence of critical advancements).
Congress handed plus the President signed various provisions of legislation mandating the revision of federal procurement regulations to determine added administration controls for interagency acquisitions, together with reporting prerequisites for businesses, OMB, and numerous agencies’ inspectors general.
We added PBGC to the initial High-Risk Record in 1990 for the reason that weaknesses from the minimum amount funding guidelines for pension plan sponsors threatened the extended-phrase capacity of PBGC’s solitary employer insurance program to pay for statutory assures to beneficiaries of options where companies couldn't fund promised Gains.
Congress enacted here two true assets reform expenditures to help you deal with the extensive-standing challenge of federal excess and underutilized property.
We continue on to watch all areas of handling federal actual house in order that the development is sustained. On top of that, we decided inside our 2021 High-Risk sequence report which the federal govt could better control its actual home portfolio by efficiently disposing of unneeded buildings, collecting responsible serious property facts, and improving the security of federal facilities.
Congress has passed many pieces of laws contributing to IRS’s capacity to implement tax legislation, quite a few motivated by our operate Within this spot. Together, these laws have minimized expenses and Increased revenues by billions of bucks. For example:
To assist guard beneficiaries from identity theft and minimize burden for providers, beneficiaries, as well as agency, in 2012 we recommended that CMS take away beneficiaries’ Social Security quantities from their Medicare cards.