Did you recently receive an Annual Funding Notice? Wondering what it means? Annual Funding Notices keep you (pension plan participants) informed about the financial status of your pension plan.
PBGC's Projections Report illustrates the future financial condition of PBGC's separate insurance programs for Multiemployer and Single-Employer Pension Plans
The strategic plan outlines the actions PBGC will take to realize its goals, the approach for addressing challenges and risks, and end-results that PBGC will strive to accomplish by FY 2022.
Across the country, there are more than 38,000 people who haven't claimed pension benefits they are owed. Those unclaimed pensions equal a total of over $300 million dollars, with individual benefits ranging from twelve cents to almost a million dollars
WASHINGTON - The Pension Benefit Guaranty Corporation is issuing rules to implement its authority to facilitate mergers of multiemployer pension plans.
WASHINGTON - The Pension Benefit Guaranty Corporation’s Multiemployer Insurance Program continues to face insolvency by the end of fiscal year 2025, according to findings in the FY 2017 Projections Report.
WASHINGTON – The Pension Benefit Guaranty Corporation is issuing guidance to assist multiemployer pension plans that request PBGC review of alternative plan rules for satisfying employer withdrawal liability.