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HRD-83-7 1 (1982-10-25)

handle is hein.gao/gaobabdry0001 and id is 1 raw text is: 





REPORT BY THE U. S.



General Accounting Office






Multiemployer Pension Plan Data

Are Inaccurate And Incomplete





The Multiemployer Pension Plan Amend-
ments Act of 1980 made major changes to
the Employee Retirement Income Security
Act. The Internal Revenue Service and the
Pension Benefit Guaranty Corporation are
primarily responsible for administering and
enforcing the amendments, and they need
complete and accurate data. M ultiemployer
plans are required to report annually to
these agencies.

There is no assurance that all muttiem-
ployer plans are reporting as required and,
when theydo report, data are often missing
or inaccurate. In an October 1981 report,
GAO pointed out that these same condi-
tions generally existed for data required to
be reported by all types of pension plans.
This report discusses the continued need
for data management improvements.

Officials of the two agencies told GAO that
they would continue efforts to improve data
management.




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     SOCTOBER 25,1962
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