Special Financial Assistance Program
For financially troubled multiemployer pension plans.
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Retiree Update

Important tax information and useful tips for retirees receiving monthly pension benefits from PBGC.
All PBGC offices are closed Monday, October 11, 2021, in observance of the Columbus Day federal holiday.
We will resume normal business hours on Tuesday, October 12, 2021.
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We protect the retirement security of over 33 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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Since 1974, we’ve made a commitment to protect the pension benefits of over 33 million workers and retirees, and their families, we serve.
Employers & Practitioners
Are you an employer or practitioner responsible for the administration of a pension plan? If so, this is your portal to working with PBGC.
PBGC Approves Supplemented SFA Application for Local 966 Plan
Press Release
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Local 966 of the International Brotherhood of Teamsters Plan (Local 966 Plan). The plan, based in Cresskill, New Jersey, covers 2,356 participants...
PBGC Approves SFA Application for Western States Office Pension Plan
Press Release
Western States Office Pension Plan Will Restore Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Western States Office and Professional Employees Pension Plan (Western States Office Pension Plan). The plan, based in Portland, Oregon, covers 7,230 participants in...
PBGC Approves SFA Application for Building Material Drivers Local 436 Plan
Press Release
Local 436 Plan Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Excavating, Building Material, Construction Drivers and Race Track Employees IBT Local 436 Plan (Building Material Drivers Local 436 Plan). The plan, based in...
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