The auditors reported that they had the power to create fictitious beneficiaries and send them money, and that they could have altered or deleted files on individuals. The benefit guarantee agency insures that the 42 million Americans with defined-benefit pension plans will get their retirement checks even if their employer goes out of business.
See "Auditors in Deep Disguise Crack Pension Computers", David Cay Johnston, The New York Times, December 7, 1999