PBGC Approves SFA Application for Central States Plan
Central States Plan Averts Insolvency and Reduction of Benefits
Learn MoreFY 2022 Annual Report

Multiemployer Program Continues to Improve; Single-Employer Program Continues to Strengthen
Special Financial Assistance Program

PBGC announced a final rule implementing changes to the SFA Program for financially troubled multiemployer pension plans.
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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PBGC Approves Supplemented SFA Application for Detroit Newspaper Union 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 Retirement Benefit Plan of GCIU Detroit Newspaper Union 13N with Detroit Area Newspaper Publishers (Detroit Newspaper Union Plan). The plan, based in...
PBGC’s John Hanley Named Chief of Negotiations and Restructuring
Press Release
WASHINGTON, D.C. – Today, the Pension Benefit Guaranty Corporation (PBGC) announced the appointment of John Hanley as Chief of Negotiations and Restructuring. “John Hanley is an excellent fit to lead the Office of Negotiations and Restructuring,” said PBGC Director Gordon Hartogensis. “He understands the challenges facing the plans we insure...
PBGC Approves Supplemented SFA Application for GCU 2-C 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 Graphic Communications Union Local 2-C Retirement Benefit Plan (GCU 2-C Plan). The plan, based in Warren, Michigan, covers 535 participants in the printing...
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