Special Financial Assistance Program
The Pension Benefit Guaranty Corporation announced an interim final rule for a new program for financially troubled multiemployer defined benefit pension plan
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We protect the retirement security of over 34 million Americans in single-employer and multiemployer pension plans. Our goal is to provide the highest level of customer support and to protect workers’ and retirees’ hard-earned pension benefits.
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If you recently received a letter telling you that PBGC is now responsible for paying your pension benefit, this page is your gateway to PBGC.
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PBGC to Provide Special Financial Assistance to Troubled Multiemployer Plans
Press Release
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) today announced an interim final rule implementing a new Special Financial Assistance (SFA) Program.
PBGC Announces New Chief Policy Officer
Press Release
WASHINGTON, D.C. – The Pension Benefit Guaranty Corporation (PBGC) announced the appointment of Ann Orr as Chief Policy Officer. "PBGC welcomes Ann back to serve in a new capacity," PBGC Director Gordon Hartogensis said. "She previously served at PBGC from 2011-2019 and brings a wealth of agency knowledge and experience...
PBGC Announces New General Counsel Appointment
Press Release
WASHINGTON, D.C. – The Pension Benefit Guaranty Corporation (PBGC) announced the appointment of Russell Dempsey as General Counsel. “It is my pleasure to welcome Russ to the PBGC team as our new General Counsel,” PBGC Director Gordon Hartogensis said. “His leadership and expertise will help inform and guide our efforts...
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