Rebecca Anne Batts Appointed PBGC Inspector General
FOR IMMEDIATE RELEASE
April 30, 2008
WASHINGTON-The Pension Benefit Guaranty Corporation (PBGC) today announced the appointment of Rebecca Anne Batts as inspector general.
"Ms. Batts is a proven leader in auditing business operations and performance in the federal sector," said PBGC Director Charles E.F. Millard. "Her considerable knowledge and experience in the field will be of great value in continuing the high effectiveness of this critical function at PBGC."
Ms. Batts comes to PBGC from the U.S. Department of Transportation, Office of Inspector General, where she served most recently as assistant inspector general for highway and transit. She joined the Department in 2006 as a deputy assistant inspector general, responsible for all audits of the Federal Highway Administration, the Federal Motor Carrier Safety Administration, the Federal Railroad Administration, the Federal Transit Administration, the Maritime Administration, the National Highway Transportation Safety Administration and the St. Lawrence Seaway.
From 1983 to 2006, Ms. Batts served in the Office of Inspector General at the U.S. Department of Agriculture, rising through a series of increasingly responsible auditing positions until she became director of the rural development natural resources division in 1995. She was appointed regional inspector general in 2002, with responsibility for all USDA/OIG audits in 16 northeastern states.
Ms. Batts is a certified public accountant and holds a bachelor of science degree in accounting from Georgia State University in Atlanta.
PBGC is a federal corporation created under the Employee Retirement Income Security Act of 1974. It currently guarantees payment of basic pension benefits earned by 44 million American workers and retirees participating in over 30,000 private-sector defined benefit pension plans. The agency receives no funds from general tax revenues. Operations are financed largely by insurance premiums paid by companies that sponsor pension plans and by PBGC's investment returns.
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PBGC No. 08-34