Fri. Mar 1st, 2024

Fraud against Federal Retirement Program Continuing, Report Says

January 4, 2024

READ FULL ARTICLE AT » https://www.fedweek.com

Fraud against the federal retirement program is continuing, an inspector general report has said, with lack of reporting to OPM on the deaths of beneficiaries the most common means.

“These unreported deaths may allow payments to continue because of program vulnerabilities or intentional fraud on the part of bad actors. Sometimes, CSRS or FERS improper payments continue for years and cost tens of thousands of dollars before discovery,” says the IG’s latest summary of its investigative activities.

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