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April 1, 2013–September 30, 2013
Government auditing and investigative standards require that our audit and investigative units each be reviewed by a peer OIG organization every three years. Section 989C of the Dodd-Frank Act amended the IG Act to require that OIGs provide in their semiannual reports to Congress specified information regarding (1) peer reviews of their respective organizations and (2) peer reviews they have conducted of other OIGs. The following information addresses these Dodd-Frank Act requirements.
The last peer review of the OIG's audit organization was completed in December 2011 by the Pension Benefit Guaranty Corporation OIG. We received a peer review rating of pass. There were no report recommendations, nor were any peer review recommendations pending from any previous peer reviews of our audit organization.
On June 9, 2010, the U.S. Attorney General approved the OIG's request for statutory law enforcement authority. As a result and in accordance with Attorney General guidelines, the next peer review of the Office of Investigations was due three years from the date of receiving statutory law enforcement authority. This peer review, conducted by the Railroad Retirement Board OIG, began on September 30, 2013, and the results will be included in our next Semiannual Report to Congress.
Copies of peer review reports of our organization are available on our website.