1. Short title This Act may be cited as the Ghost Handouts and Overpayments Stop Today Act or the GHOST Act . 2. Findings Congress finds the following: (1) The Pension Benefit Guaranty Corporation has the authority and responsibility to recover taxpayer funded benefits disbursed by the corporation in error, including any amount disbursed to fund benefits for participants or beneficiaries who are deceased as of the date of the disbursement. (2) The Pension Benefit Guaranty Corporation is obligated to ensure, through strong accounting processes and controls and using the resources available (and should follow procedures recommended by the Office of the Inspector General and verify census data for multiemployer plans that will receive or have received special financial assistance), that taxpayer money is not wasted. (3) The Pension Benefit Guaranty Corporation is obligated to audit, investigate, and resolve any discrepancies in census data for all special financial assistance plans, including through matching data for participants and beneficiaries to data that resides in the Social Security Administration’s Death Master File. (4) Multiemployer plans are obligated to remit to the Pension Benefit Guaranty Corporation, and the corporation is obligated to take all steps necessary to ensure full recovery of, the amount of any special financial assistance payment made to a multiemployer plan as a result of an error and the amount of any special financial assistance payment attributable to any deceased participants or beneficiaries, and the associated earnings thereon. 3. Recovery of overpayments (a) In general Section 4262 of the Employee Retirement Income Security Act of 1974 ( 29 U.S.C. 1104 ) is amended by adding at the end the following: (o) Recovery (1) In general If the corporation makes a determination that an overpayment of special financial assistance, including an overpayment of special financial assistance described in paragraph (2)(A), was made under this section, the applicable multiemployer plan (or a